treasury

Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds

Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds
Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds
May 19, 2020  |  Loans

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will testify remotely before the Senate on Tuesday (May 19) regarding the disbursement of coronavirus...

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Treasury: 4 Million IRS Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
Treasury: 4 Million IRS Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
May 18, 2020  |  Disbursements

The U.S. Treasury Department and the IRS are planning to send out around 4 million Economic Impact Payments (EIP) via Visa prepaid debit cards rather...

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SBA Revises Guidance On PPP Loan Forgiveness
SBA Revises Guidance On PPP Loan Forgiveness
May 13, 2020  |  Loans

The Paycheck Protection Program (PPP) has been nothing if not fluid. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Mnuchin Wants To Fix Restaurants’ PPP Woes
Mnuchin Wants To Fix Restaurants’ PPP Woes
May 11, 2020  |  Loans

Treasury Secretary Steven Mnuchin said he wants to tweak the rules of the Paycheck Protection Program (PPP) to accommodate restaurants stuck between a rock and...

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US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
May 04, 2020  |  Debt

To fight the coronavirus pandemic, the U.S. government said it is planning to borrow $2.99 trillion in the second quarter this year, a record number,...

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Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP Funds Given To Larger Firms Returned
Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP...
April 29, 2020  |  Loans

The coronavirus pandemic is disrupting businesses large and small. While the Paycheck Protection Program (PPP) was intended to help small- to medium-sized businesses (SMBs) weather...

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The IRS Stimulus Check Is Finally In The Mail (For Some)
The IRS Stimulus Check Is Finally In The Mail (For Some)
April 24, 2020  |  Economy

The Internal Revenue Service (IRS) said on Friday (April 24) that another eight million Americans have received their coronavirus stimulus payments over the past week....

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Treasury Directs Public Firms To Return Small Business PPP Money
Treasury Directs Public Firms To Return Small Business PPP Money
April 24, 2020  |  Loans

The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if...

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