#Paycheck Protection Program (PPP)

[nationallawreview]

Acting U.S. Attorney Levy Forecasts False Claims Act COVID Cases Targeting Private Lenders Of CARES Act Loans That Failed In Their Obligation To Safeguard Government Funds

Acting U.S. Attorney Joshua Levy discussed the enforcement priorities for the Massachusetts U.S. Attorney’s Office (USAO) during a Q&A session on May 29, 2024, and made clear that the historical focus of the office remains the top priority: detecting and combating health care fraud, waste, and abuse. In particular, both Levy and Chief of the USAO’s Civil Division, Abraham George, have recently…

[vander-12]

Do Employees Get the Employee Retention Credit?

The Employee Retention Credit (ERC) has been a lifeline for businesses during and post-COVID, But what about employees? Do they receive any benefits from this tax credit? In this article, we’ll explore the Employee Retention Credit and determine whether employees are eligible for its benefits. Understanding the Employee Retention Credit The Employee Retention Credit is a provision introduced by…

[brightly-blogging]

Inside the $1.9 Trillion American Rescue Plan Act: Key Takeaways for Individuals, Small Businesses, and State Governments

10 Key Points on What You Should Know about the $1.9 Trillion American Rescue Plan Act The $1.9 trillion American Rescue Plan Act was signed by President Joe Biden on March 11, 2021, to provide relief to Americans struggling with the economic effects of the COVID-19 pandemic The act provides $1,400 direct payments to eligible individualities, extends severance benefits, expands the child duty…

[divvasplace]

Are you a business owner struggling to keep your employees during the COVID-19 pandemic? The Employee Retention Credit (ERC) might be the solution for you. This Payroll Tax Credit Refund was designed to reward businesses for retaining employees during these difficult times. The ERC allows business owners to receive a refundable credit of up to $5,000 per employee in 2020, and $7,000 per…

[helenldavis]

Are you a business owner struggling to keep your employees during the COVID-19 pandemic? The Employee Retention Credit (ERC) might be the solution for you. This Payroll Tax Credit Refund was designed to reward businesses for retaining employees during these difficult times. The ERC allows business owners to receive a refundable credit of up to $5,000 per employee in 2020, and $7,000 per…

[hezigler]

From NPR News

How the Paycheck Protection Program went from good intentions to a huge free-for-all https://www.npr.org/2023/01/09/1145040599/ppp-loan-forgiveness?sc=18&f=1145040599

[follow-up-news]

More than $200 billion may have been stolen from two large COVID-19 relief initiatives, according to new estimates from a federal watchdog investigating federally funded programs that helped small businesses survive the worst public health crisis in more than a hundred years. The numbers issued Tuesday by the U.S. Small Business Administration inspector general are much greater than the office’s previous projections and underscore how vulnerable the Paycheck Protection and COVID-19 Economic Injury Disaster Loan programs were to fraudsters, particularly during the early stages of the coronavirus pandemic. The inspector general’s report said “at least 17 percent of all COVID-EIDL and PPP funds were disbursed to potentially fraudulent actors.” The fraud estimate for the COVID-19 Economic Injury Disaster Loan program is more than $136 billion, which represents 33 percent of the total money spent on that program, according to the report. The Paycheck Protection fraud estimate is $64 billion, the inspector general said.

[meandmybigmouth]

THE GOP!

THEY REFUSE TO FEED CHILDREN BUT WILL PISS AWAY TAX PAYERS MONEY ON THEIR DELUSION?

GOP "FISCAL SANITY"?

[beardedmrbean]

LAS VEGAS (KLAS) — Videos the 8 News Now Investigators obtained show an alleged hit man committing four murders as part of what detectives said was retaliation in a federal loan fraud scheme involving tens of millions of dollars.

Officers arrested Michael Coleman, 41, in May 2023 for the murder of Kidada Stewart, 48. In September, Las Vegas Metro police announced they connected Coleman to three more murders from 2021 and 2022. Earlier this month, a Clark County grand jury indicted Coleman for the additional murders.

On Monday, Feb 27, 2023, officers responded to a 911 from a person who said they heard several gunshots near Fort Apache Road and Mountains Edge Way in the southwest valley, 8 News Now reported at the time.

Officers later found Stewart deceased outside of a home. Police tracked Coleman to Stewart’s murder from a traffic stop in Arizona 12 hours after the shooting. Officers arrested him in May 2023 after a standoff.

Throughout the investigation, police learned of a man named Carl Chester who allegedly defrauded the government of several Paycheck Protection Program (PPP) loans, LVMPD Lt. Jason Johannson said. Chester and his associates would disperse the money and Chester would take a cut of the money for his work and help to get them the loan.

When Chester did not receive his cut of the money, he would threaten or use violence against the individuals to get his money, Johannson said. Chester would hire Coleman to kill those who shorted Chester of his money and if Coleman could not get to the targeted person, he would go after family members.

In May 2021, police suspect Coleman killed Benjamin McCarty, 49, while McCarty was working on his car in a parking lot in the 3900 block of Charleston Boulevard. Police said Coleman parked near McCarty and approached him before shooting and killing him.

Evidence the 8 News Now Investigators obtained showed video of a man police believe is Coleman running from the murder scene. Detectives also obtained photos from Coleman’s email, which they said showed him sending McCarty’s picture to Chester before the murder.

Coleman’s second murder charge involves the death of Marcus Larry, 39. Larry was shot multiple times inside the Teriyaki Madness on Charleston Boulevard near Town Center Drive. Police initially identified and arrested Oscar Richardson, Jr., Larry’s cousin, as the suspect, but he was later released once police obtained evidence that he was innocent.

Video from inside the restaurant shows Larry and a minor ordering food when a man barges in and shoots Larry and a cashier. The cashier survived and told the grand jury she spent five weeks in the hospital.

After the murder, police believe Coleman ditched the car he was driving at the nearby Red Rock Resort. DNA on the van’s handles later matched Coleman, police said.

In the third murder, Coleman is accused of shooting and killing William Hill Jr., 54, outside his home near Martin Luther King, Jr. and Lake Mead boulevards.

Police said the same red Hyundai that was used in Stewart’s case dropped Coleman off and Coleman shot Hill before being picked up by the Hyundai. The getaway driver was identified as Demarcus Banks who is now deceased.

Videos show the car parking near Hill’s house and then a man, who police believe is Coleman, walking toward the house.

Police said Hill’s murder was due to Hill’s son who is currently in prison on PPP loan fraud. Police said since Chester could not get to Hill’s son, they went after his father.

Chester, who organized the murders of Stewart, Larry and Hill, was murdered in May 2024 by members of Hill’s family in retaliation, police said. Metro police recently made more arrests connected to Chester’s murder.

Coleman remained in custody without bail as of Monday. A trial in the Stewart murder was scheduled to begin next month. Coleman was also scheduled to be arraigned in the combined criminal case for the three other murder charges next month.

[eaudrey35]

Members of Congress Got PPP Loan Forgiveness — Double Standard?

These same ppl who r against student loan forgiveness had PPP loans forgiveness. It pathetic these ppl want to see Doctors Lawyers Teachers Nurses and regular American who went to school to get a better way of life debt no b forgiven but theirs forgiven

[meret118]

Biden is now turning to the Higher Education Act’s provisions for debt relief, which he acknowledged will take longer to get done than he had hoped.

“This path is legally sound. It’s going to take longer,” Biden said. “I’ve directed my team to move as quickly as possible.”In the meantime, borrowers will be given a year to get back on track with their repayments, during which time late payments will not be reported to credit agencies.

“It’s outrageous to me that Republicans in Congress and state offices fought so hard against a program that would have helped millions of their own constituents,” Cardona said.“

They had no problem handing trillion-dollar tax cuts to big corporations and the super wealthy, and many had no problems accepting millions of dollars in forgiven pandemic loans.”Cardona called out Sen. Markwayne Mullin (R-Okla.), who took out Paycheck Protection Program (PPP) loans during the COVID-19 pandemic and saw the federal government forgive more than $1.4 million of the debt.

[vander-12]

Do Employees Get the Employee Retention Credit?

The Employee Retention Credit (ERC) has been a lifeline for businesses during and post-COVID, But what about employees? Do they receive any benefits from this tax credit? In this article, we’ll explore the Employee Retention Credit and determine whether e

The Employee Retention Credit (ERC) has been a lifeline for businesses during and post-COVID, But what about employees? Do they receive any benefits from this tax credit? In this article, we’ll explore the Employee Retention Credit and determine whether employees are eligible for its benefits. Understanding the Employee Retention Credit The Employee Retention Credit is a provision introduced by…

[minmaneth]

Political corruption by a criminal President. FUCK REPUBLICANS!

[varenita-west-cobb]

Apartments in Grapevine

Varenita of West Cobb is a luxury senior living apartment in Grapevine. It is designed to provide a balance of independence, inspiration, and support. This community offers a modern approach to senior living that promotes vitality, engagement, and a sense of connection for residents and their families. The community of Varenita of West Cobb offers resort-style amenities such as chef-prepared entrées in elegant dining rooms, socializing in grand rooms, participating in art studio programs, visiting salons, and working out in the state-of-the-art fitness center. The onsite chef and culinary team provide the residents with a healthy garden-to-table cuisine made with organic, locally sourced ingredients. To know more, call Varenita of West Cobb at (470) 750-3500.

Acworth, GA, Offers a Beautiful Landscape

Acworth, a southern town in Cobb County, Georgia, is known for its picturesque landscapes and natural attractions like the Logan Farm Park, Portal Pinball Arcade, and Red Top Mountain State Park. With a population of 22,440, it is part of the Atlanta metropolitan area, with a median age of 36.8 and a diverse population of 17%. The sex ratio is 52% female and 48% male. The racial and ethnic composition is 59.0% White, 22.5% Black or African American, 6.7% two or more races, and 3.2% Asian. The median household income is $74,643, compared to the Georgia average of $71,355. Acworth has a high school degree rate of 91.2% and a bachelor's degree rate of 32.9%. The notable residents include golfer Jason Bohn, soccer player Jordan Matthews, and NFL player Darren Waller.

Acworth City Park

One of the interesting places to visit in Acworth is Acworth City Park. This park is the best destination for both locals and visitors due to its serene beauty and the different recreational activities it offers. I really particularly enjoy the picturesque lake surrounded by lush greenery because it provides a peaceful setting for fishing, boating, and picnicking. The well-maintained walking trails are perfect for leisurely strolls and refreshing hikes. Acworth City Park also offers visitors nice playgrounds, sports fields, and a community center. Because of this, it's a popular spot for families and children. The park’s commitment to environmental conservation and sustainability further enhances its appeal and attracts nature enthusiasts who come to enjoy the calming atmosphere.

Paycheck Protection Program Closed 12 Million Applications

The Paycheck Protection Program (PPP) has closed applications for nearly 12 million US businesses, including many in Acworth. The program began in April 2020 as part of the Covid Aid, Relief, and Economic Security Act (CARES) and was extended until May 31, 2021. In 2021, 416,058 PPP loans were approved in Georgia, totaling $11,056,741,932. Loan applications were processed through banks and traditional lenders, with the Small Business Administration backing the resulting loans. Around $800 billion in loans were approved nationwide under the program. The loans are forgivable if borrowers meet specific criteria, including spending at least 60% of the money on payroll costs and maintaining employee compensation levels.

Link to map

Cauble Park 4425 Beach St, Acworth, GA 30101, United States Take Dallas St and W Lakeshore Dr to Hwy 92 S/Lake Acworth Dr 3 min (0.7 mi) Turn left onto Hwy 92 S/Lake Acworth Dr 2 min (1.3 mi) Turn left onto Kemp Ridge Rd 55 sec (0.5 mi) Continue onto Mars Hill Rd 6 min (3.2 mi) Turn right Destination will be on the right 28 sec (436 ft) Varenita of West Cobb 1979 Mars Hill Rd, Acworth, GA 30101, United States

[usafundingapplications]

Unlocking Opportunities: How USA Funding Applications Empower Businesses to Thrive

Funding applications in the United States play a pivotal role in supporting individuals, organizations, and businesses by providing access to financial resources for various purposes. These applications are a formal process of requesting grants, loans, or other financial aids from government agencies, private foundations, or other entities. This article explores the concept of USA funding applications and delves into how grants positively impact small and large businesses alike.

Understanding USA Funding Applications

Funding applications are forms or documents submitted to secure financial assistance for a specific project, business need, or personal endeavor. They often include detailed proposals, budgets, and justifications that demonstrate the applicant's need and ability to effectively use the funding. In the U.S., funding opportunities exist for:

Small businesses

Nonprofits

Educational institutions

Individual entrepreneurs

Large corporations

Types of Funding Sources

USA funding applications can be directed toward various sources, including:

Federal Grants: Provided by agencies such as the Small Business Administration (SBA), Department of Agriculture (USDA), and Department of Energy (DOE).

State and Local Programs: These focus on region-specific development, such as urban revitalization or rural infrastructure.

Private Foundations and Corporations: Many businesses offer grants or funding programs to align with corporate social responsibility goals.

How These Grants Help Businesses

1. Facilitating Startup Growth

Small businesses often struggle to secure the capital needed for initial operations. Grants from organizations like the SBA provide seed funding that eliminates the need for traditional loans, reducing financial pressure on startups.

Example: The SBA's 7(a) Loan Program supports small businesses with funding for working capital, real estate purchases, or equipment financing.

2. Encouraging Innovation

Federal grants often prioritize innovative businesses in technology, healthcare, and environmental sustainability. Programs like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) fund research and development (R&D), helping companies bring cutting-edge products to market.

Example: A biotech firm can use SBIR funds to develop life-saving drugs or advanced medical devices.

3. Supporting Women, Minorities, and Underserved Communities

Targeted grants are designed to empower underrepresented groups, leveling the playing field for women entrepreneurs, minority-owned businesses, and businesses in rural areas.

Example: The USDA's Rural Business Development Grant aids small businesses in rural regions, fostering economic growth in areas often overlooked by traditional investors.

4. Bolstering Economic Resilience

Large-scale businesses also benefit from grants during economic crises. For example, relief funds provided during the COVID-19 pandemic helped companies of all sizes remain operational, preventing widespread layoffs and economic collapse.

Example: The Paycheck Protection Program (PPP) distributed billions to ensure businesses could retain employees during the pandemic.

5. Expanding Market Opportunities

Grants often fund market research, advertising campaigns, and international expansion, allowing businesses to scale effectively.

Example: Export grants from the International Trade Administration help businesses penetrate global markets.

Application Process for USA Funding

Identify the Right Grant: Research funding opportunities that match your business needs. Federal websites like Grants.gov and local resources are excellent starting points.

Prepare a Detailed Proposal: Highlight the purpose of the funding, how it aligns with the grantor’s goals, and provide a comprehensive budget.

Submit Required Documentation: Include business plans, tax documents, and other requested materials.

Follow Up and Stay Compliant: Ensure compliance with grant terms to maintain eligibility for future funding opportunities.

Challenges in the Funding Process

High Competition: Many businesses vie for limited funds, requiring standout applications.

Complex Application Procedures: Navigating technical jargon and extensive documentation can be overwhelming.

Grant Restrictions: Funds often come with stipulations on how they can be used, limiting flexibility.

Conclusion

USA funding applications serve as a critical lifeline for businesses of all sizes. From providing initial capital to fueling innovation and expansion, grants enable businesses to thrive in competitive markets. While challenges exist, understanding the application process and leveraging available resources can help businesses unlock significant opportunities.

With the proper approach, businesses can utilize grants to create jobs, foster innovation, and contribute to the broader economy, ensuring sustainable growth and success.

[chicagochinesenews]

驚! 伊州政府員工爆更多薪資保護計畫詐欺案

(芝加哥時報快訊) 伊利諾州政府員工再次爆出更多薪資保護計畫詐欺案，行政道德委員會公布了12份由行政監察長辦公室提交的關於州政府員工涉及薪資保護計畫（Paycheck Protection Program，PPP）詐欺案的報告，加上先前公布的17份報告，目前已累積29份。這些案件涉及五個不同機構的員工，包括： Continue reading 驚! 伊州政府員工爆更多薪資保護計畫詐欺案