CARES Act Archives - Page 3 of 5

April 20, 2020

Will Nonprofit PPP Loans Replenish This Week? – April 20, 2020

Will Nonprofit PPP Loans Replenish This Week? – Senate Democrats and Republicans have come close to a deal that could inject roughly $370 billion into loan programs for nonprofits and small businesses including $310 billion more into the Paycheck Protection Program (PPP), setting aside $60 billion for rural and minority groups. The remaining $60

April 23, 2020

NONPROFIT CARES ACT 3.5 COVID-19 CHARITY

Nonprofit CARES Act 3.5 – $484 Billion Relief Package

Nonprofit CARES Act 3.5 – $484 Billion Relief Package – The Senate has passed the PPP Health Care Enhancement Act, also known as the “COVID-19 3.5” relief package. This new $484 billion package, which is expected to pass the House of Representatives today was originally designed to only be a $250 billion

April 26, 2020

Resumption of Nonprofit Paycheck Protection Program CHARITY INSIDE

Resumption of Nonprofit PPP Loans – April 27, 2020 – Frequently Asked Questions

Resumption of Nonprofit PPP Loans – April 27, 2020 – WASHINGTON – Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the resumption of the Payroll Protection Program (PPP): “The Small Business Administration will resume

April 28, 2020

Second Round of Nonprofit PPP Loans Falls Flat CHARITY

Second Round of Nonprofit PPP Loans Falls Flat – April 28

Second Round of Nonprofit PPP Loans Falls Flat – WASHINGTON D.C. – The PPP lending program was scheduled to resume at 10:30 am EST on Monday, but the Small Business Administration’s (SBA) online portal seems to be having issues handling the demand. An industry source confirmed that the platform did open at 10:30 a.m. as planned, but was