More than 90% of the $1 million-plus loans got approved in the first month. In contrast, only 56% of loans of less than $150,000 were approved in the same period. $1M-2M $2M-5M $5M-10M ...

Many "mom-and-pop" businesses struggled to get PPP loans before the first round of funding ran out. The average income on Fisher Island is $2.2 million, making it the richest ZIP code in the US.

Angel Strunk borrowed $14,165 as a self-employed office worker in April 2021. SBA approved a loan forgiveness of $14,204 – which is the loan amount plus accrued interest – on Aug. 12, 2021.

Hopefully, a PPP-like intervention won’t be necessary anytime soon. If it is, this time, apply hard-learned lessons. ©2022 New York Daily News Distributed by Tribune Content Agency, LLC.

Suburban trio got kickbacks to arrange hundreds of thousands of dollars in fraudulent PPP loans, FBI says Amanda Heller, Sarah Stokes and James Townsend are charged in federal court with ...

Sha-Poppin' Gourmet Popcorn Shoppe is tucked into a strip mall at Roosevelt and Mannheim roads in Westchester. Its owner is now taking on a big bank.

The PPP, created in 2020 under the CARES Act, was designed to help small businesses maintain payroll during the COVID-19 pandemic. Second-draw PPP loans were limited to companies with 300 or fewer ...

Any loan exceeding $2 million was automatically flagged for review under a Department of Treasury policy adopted in 2020 to apply stricter scrutiny to the largest PPP loans.