Paycheck Protection Program
Love & Hip Hop: Atlanta Cast Member Maurice “Mo” Fayne, has been sentenced to 17 in prison for misuse of millions of dollars in PPP loans. Fayne 38-year-old, was arrested in May 2020 on charges of making false statements on his application for a loan from the Paycheck Protection Program. He went on to plead guilty […]
A survey conducted by two equal rights groups has found that small businesses owned by minorities have been disproportionately denied requests for COVID-19 relief loans, reports the New York Times. As a result, almost half of these businesses are expecting to close. Just 12 percent of minority-owned businesses received requested funds from the Paycheck Protection […]
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