But the PPP’s “economic impacts were less than hoped,” with only about a third of the program’s nearly $800 billion in cash going directly to workers who otherwise would have lost jobs ...

The bulk of the loan money handed out through the government’s $800 billion Paycheck Protection Program (PPP) didn’t go to workers—it helped business owners and shareholders.

According to a new study, only about a third of the $800 billion in PPP loans went directly to workers who otherwise would have lost their jobs. Latest U.S.

14 Chicago Public School workers fired, resigned after being accused of PPP fraud 02:26. In another case, a worker in the CPS central office who earned $200,000 falsely claimed that they had made ...

A U.S. postal service worker has been sentenced to federal prison for leading a fraud ring that secured hundreds of PPP loans for businesses that didn't exist. Tiffany McFadden, of New York and ...

Here’s the PPP Guidance 1099 Workers Need. ... Earlier this week, the SBA opened up the PPP application process to online lenders, with fintech companies expected to follow in the coming days.