Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
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RALEIGH, NC (WTVD) — Millions of small businesses have to budget for a new monthly budget in January. Repayment of federal loans issued during the pandemic is set to begin. Nearly 4 million small businesses and nonprofits across the country received billions in government loans during the pandemic. The money was given by the Federal … Read more
An initiative to help small businesses in Connecticut save money. Governor Ned Lamont announced the increase in the business tax rate on Wednesday, saying it is important to the state’s economy. A lot of work goes into a small business, and Welden Hardware in Simsbury is no different. Owner Melissa Brett puts her heart and … Read more
CNN — At Teddy & The Bully Bar near downtown Washington, DC, business has never been the same since the virus hit. “It’s very difficult,” manager Alan Popovsky said. “It will take me a while to climb the mountain. Probably for the rest of my life.” The disease closed two of Popovsky’s four restaurants in … Read more