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U.S. charges ousted Hollywood executive with defrauding pandemic loan program, BlackRock fund

U.S. prosecutors have charged the recently ousted owner of a Hollywood movie distributor with defrauding a federal coronavirus emergency relief program and a BlackRock Inc investment fund, including to pay for a Beverly Hills mansion and other luxuries......»»

Category: topSource: reutersMay 22nd, 2020

Solo truckers struggle to get rolling with relief fund

WASHINGTON (AP) — Rodney Morine believes his second chance is no better than his first to secure a loan through a government program intended to help small businesses like his survive the pandemic. “I.....»»

Category: topSource: moneycentralMay 4th, 2020

White House, GOP face heat after hotel and restaurant chains helped run small-business program dry

New York State has applied for a $4 billion federal loan to shore up its unemployment trust fund amid a record surge of claims by workers sidelined by the Covid-19 pandemic, a spokeswoman said. “All... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 21st, 2020

Tampa Bay Wave to launch emergency loan program to help startups during coronavirus pandemic

The Tampa Bay Wave is creating a fund to help their startups stay afloat during a time when many industries is struggling. The Wave announced it is looking to launch an "emergency fund" to offer a lifeline to startups while they are awaiting financial.....»»

Category: topSource: bizjournalsApr 1st, 2020

Senate passes bill lengthening coronavirus small-business loan terms

The U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic, up from the current eight-week deadline......»»

Category: topSource: reutersJun 3rd, 2020

Dayton company boosts small business loan program amid pandemic

A local real estate investment firm, which already had committed $1 million to help struggling small businesses survive the coronavirus outbreak, is extending the program. The Connor Group will make a second round of loans totaling up to $500,000......»»

Category: topSource: bizjournalsMay 28th, 2020

A Hollywood producer was arrested on federal charges that he defrauded a coronavirus relief program out of millions

Todd Williamson/Getty Images William Sadleir, .....»»

Category: topSource: businessinsiderMay 26th, 2020

Big San Francisco landlord got loan from small-business relief fund

Veritas, a San Francisco apartment landlord that owns about 200 buildings in the city and until recently sported an asset value above $3 billion, received funding from the Small Business Administration's Paycheck Protection Program, the company confi.....»»

Category: topSource: bizjournalsMay 14th, 2020

3 out-of-state banking giants release PPP loan data for Colorado

One local executive told DBJ that the SBA program is going smoother during the second round of funding......»»

Category: topSource: bizjournalsMay 7th, 2020

SEC continues crackdown on companies for making false claims during the coronavirus pandemic

The Securities and Exchange Commission continued its crackdown on companies making false claims relating to tests or treatments for COVID-19 on Tuesday, by bringing charges against Praxsyn Corp. and its chief executive for false statement on N95 masks......»»

Category: topSource: marketwatchMay 1st, 2020

SEC announces charges against Praxsyn over claims relating to N95 masks amid coronavirus pandemic

The Securities and Exchange Commission continued its crackdown on companies making false claims relating to tests or treatments for COVID-19 on Tuesday, by bringing charges against Praxsyn Corp. and its chief executive for false statement on N95 masks......»»

Category: topSource: marketwatchApr 29th, 2020

SEC announces charges against Praxsyn over claims relating to N95 masks in coronavirus pandemic

The Securities and Exchange Commission continued its crackdown on companies making false claims relating to tests or treatments for COVID-19 on Tuesday, by bringing charges against Praxsyn Corp. and its chief executive for false statement on N95 masks......»»

Category: topSource: marketwatchApr 28th, 2020

Capitol Report: Emergency loans for small businesses ‘flowed to areas less hard hit’ by coronavirus, study finds

A new loan program for small businesses hurt by the coronavirus crisis is especially helping parts of the country not suffering as much from the pandemic, according to a National Bureau of Economic Research paper released this week......»»

Category: topSource: marketwatchApr 28th, 2020

Trump Today: Trump says U.S. working with Tyson Foods as he teases order on food-supply liability

President Donald Trump on Tuesday was scheduled to give a speech touting the federal government’s small-business loan program, and said he would sign an executive order on food supply......»»

Category: topSource: marketwatchApr 28th, 2020

Illinois adding $250 million to small-business loan fund for coronavirus relief

Illinois is adding $250 million to a small business loan fund to help employers navigate the COVD-19 pandemicIllinois is adding $250 million to a small business loan fund to help employers navigate the COVD-19 pandemic.....»»

Category: topSource: chicagotribuneApr 28th, 2020

Illinois adding $250 million to small business loan fund for coronavirus relief

Illinois is adding $250 million to a small business loan fund to help employers navigate the COVD-19 pandemicIllinois is adding $250 million to a small business loan fund to help employers navigate the COVD-19 pandemic.....»»

Category: topSource: chicagotribuneApr 27th, 2020

SBA: Emergency coronavirus program amount from banks will be capped

The U.S. government will cap how much each bank can lend under the emergency loan program designed to keep workers on payrolls amid the coronavirus pandemic.....»»

Category: topSource: foxnewsApr 26th, 2020

U.S. will cap how much each bank can lend under emergency coronavirus program: memo

The U.S. government will cap how much each bank can lend under the emergency loan program designed to keep workers on payrolls amid the coronavirus pandemic, according to a memo seen by Reuters hours ahead of the reopening of the lending program......»»

Category: topSource: reutersApr 26th, 2020

Trendy salad chain Sweetgreen returns $10 million loan meant to help small businesses survive the coronavirus pandemic

Hollis Johnson Sweetgreen announced on Wednesday that it had returned a $10 million paycheck protection program loan aimed to support small b.....»»

Category: topSource: businessinsiderApr 23rd, 2020

"It"s not right what they"re doing": Smallest businesses feel big banks are shutting them out of stimulus loan program

Frustrated small businesses seek their share of government aid in pandemic program. They say banks favored larger small businesses in Roun.....»»

Category: topSource: usatodayApr 21st, 2020

When will New York come back?

New York State has applied for a $4 billion federal loan to shore up its unemployment trust fund amid a record surge of claims by workers sidelined by the Covid-19 pandemic, a spokeswoman said. “All... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 21st, 2020