Business > Donald Trump

Latest PPP Bill Author Rep. Angie Craig: More Money Will Get To Small Businesses

1 month ago   |   By CBS

MINNEAPOLIS - Another round of $130 billion of loan money is available to help small businesses during the pandemic.
President Donald Trump signed the extension of the Paycheck Protection Program over the weekend, but the first rounds of PPP loans have been criticized for going to large - rather than small - businesses.
And according to Minnesota Congresswoman Angie Craig, who authored the latest PPP bill, that's changing.
“In the second round in the negotiation process, we did a better job of making sure that we carved out dollars for the smallest of small businesses,” Craig said.
She...
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15 of the most surprising companies that the Small Business Administration listed as paycheck protection loan recipients

15 of the most surprising companies that the Small Business Administration listed as paycheck protection loan recipients

1 month ago   |   By Business Insider

The US Small Business Administration released 4.8 million loan records detailing who received money from the $530 billion Paycheck Protection Program on Monday.
The program, meant to protect small businesses, also doled out money to billionaire-backed corporations like TGI Fridays and t he chic members-only club Soho House.
Other names that appeared in the SBA's disclosure included Kanye West's Yeezy brand, 30 Girl Scouts of America chapters, multiple Catholic archdioceses, and the businesses of people close to President Donald Trump.
Multiple companies listed in the filings, like...
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