Tag Archives: Loans

Vaccine Critics Received More Than $1 Million in Pandemic Relief Loans

Vaccine Critics Received More Than $1 Million in Pandemic Relief Loans

Vaccine Critics Received More Than $1 Million in Pandemic Relief Loans Vaccine Critics Received More Than $1 Million in Pandemic Relief Loans The Paycheck Protection Program’s loose rules allowed virtually any small business or company in America to qualify for a government-backed relief loan. Frustrated citizens and activist groups have criticized thousands of recipients they deemed unworthy, including wealthy lawyers, …

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Small-Business Loans Will be Forgiven, but Don’t Ask How

Small-Business Loans Will be Forgiven, but Don’t Ask How

Small-Business Loans Will be Forgiven, but Don’t Ask How Small-Business Loans Will be Forgiven, but Don’t Ask How “We’re super nervous about the fact that we don’t know what’s going to happen,” she said. And the loan was only a temporary salve: With her revenue still down at least 30 percent, Ms. Kujala is preparing to lay off one of …

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Despite Billions in Fees, Banks Predict Meager Profits on P.P.P. Loans

Despite Billions in Fees, Banks Predict Meager Profits on P.P.P. Loans

Despite Billions in Fees, Banks Predict Meager Profits on P.P.P. Loans Despite Billions in Fees, Banks Predict Meager Profits on P.P.P. Loans Zions, one of the rare banks to break down its lending in detail, said it anticipated fees of $210 million to $220 million on its $7 billion in loans. That money will be “a nice cushion for us” …

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New York attorney general investigating whether Trump inflated his assets to get loans

Trump administration 'squandered' Hong Kong to 'sell soybeans' to China, top Democrat says

New York attorney general investigating whether Trump inflated his assets to get loans New York attorney general investigating whether Trump inflated his assets to get loans New York‘s state attorney general is investigating whether Donald Trump illegally inflated the value of his business assets on annual financial statements to help secure bank loans and other financial windfalls, the office revealed …

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Small Businesses Got Emergency Loans, but Not What They Expected

Small Businesses Got Emergency Loans, but Not What They Expected

Small Businesses Got Emergency Loans, but Not What They Expected Small Businesses Got Emergency Loans, but Not What They Expected For nearly 70 years, the Small Business Administration’s disaster relief program has helped companies recover from catastrophes including wildfires, hurricanes and earthquakes. But it has never faced anything like the coronavirus crisis. Besieged by more than eight million applicants — …

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For Sports Halted at the Outbreak’s Onset, Loans Saved Staff

For Sports Halted at the Outbreak’s Onset, Loans Saved Staff

For Sports Halted at the Outbreak’s Onset, Loans Saved Staff For Sports Halted at the Outbreak’s Onset, Loans Saved Staff Tom Brady’s company got one. Mayweather Promotions, the advertising agency founded by the boxing champion Floyd Mayweather, did too. And the Los Angeles Lakers, the eighth-richest sports franchise in the world, got one before returning it. They were beneficiaries of …

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Lobbyists, Law Firms and Trade Groups Took Small-Business Loans

Lobbyists, Law Firms and Trade Groups Took Small-Business Loans

Lobbyists, Law Firms and Trade Groups Took Small-Business Loans Lobbyists, Law Firms and Trade Groups Took Small-Business Loans In New York City, St. Ann’s School took a loan valued between $5 million and $10 million. Kent Place School, a private school in New Jersey, was reported to have received a loan worth between $1 million and $2 million. Schools with …

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Interest Rate on Federal College Loans Is About to Hit a Record Low

Interest Rate on Federal College Loans Is About to Hit a Record Low

Interest Rate on Federal College Loans Is About to Hit a Record Low Interest Rate on Federal College Loans Is About to Hit a Record Low The coronavirus may be upending the way colleges operate, but at least students and their families will get a break if they borrow money from the government for an education. The interest rate on …

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The Coronavirus Threatens China’s Belt and Road Loans

The Coronavirus Threatens China's Belt and Road Loans

The Coronavirus Threatens China’s Belt and Road Loans The Coronavirus Threatens China’s Belt and Road Loans As the coronavirus spread around the globe, Pakistan’s foreign minister called his counterpart in Beijing last month with an urgent request: The country’s economy was nose-diving, and the government needed to restructure billions of dollars of Chinese loans. Similar requests have come flooding in …

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Hotel Group Will Return Tens of Millions in Small Business Loans

Hotelier’s Push for $126 Million in Small-Business Aid Draws Scrutiny

Hotel Group Will Return Tens of Millions in Small Business Loans Hotel Group Will Return Tens of Millions in Small Business Loans One of the biggest beneficiaries of the government’s small business lending program said on Saturday that its companies will return at least $70 million in loans received through the Paycheck Protection Program. Ashford Inc., which oversees a tightly …

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