As part of the PPP loan program, business owners can apply for 2.5 times their average monthly payroll costs up to $100,000 per year. Burns calculates the maximum that one of her self-employed ...
The Consolidated Appropriations Act (CAA) added in a new provision that allows certain self-employed farmers to receive both an increase in their first draw PPP loan and a second draw PPP loan if ...
Quickly, PPP loans led to “unprecedented fraud levels ... In most cases on the OEIG website, the employees either lied about being self-employed or provided false information about their ...