Properties (45)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
federal loan program
|
| gptkbp:aimsTo |
provide financial assistance to small businesses
small businesses affected by COVID-19 |
| gptkbp:allows |
deferment of loan payments
no collateral requirements no personal guarantees |
| gptkbp:application |
June 30, 2020
|
| gptkbp:createdBy |
gptkb:U.S._Congress
|
| gptkbp:enactedBy |
March 27, 2020
|
| gptkbp:evaluates |
through approved lenders
|
| gptkbp:hasProductLine |
over $500 billion in loans
|
| gptkbp:hasTheme |
extended multiple times
criticized for implementation issues lauded for rapid deployment of funds |
| https://www.w3.org/2000/01/rdf-schema#label |
Paycheck Protection Program
|
| gptkbp:impact |
saved millions of jobs
|
| gptkbp:includes |
Second Draw Loans
|
| gptkbp:interests |
1%
|
| gptkbp:is_funded_by |
gptkb:CARES_Act
|
| gptkbp:isAttendedBy |
gptkb:U.S._Treasury_Department
|
| gptkbp:isAvailableIn |
businesses with fewer than 500 employees
|
| gptkbp:isDesignedFor |
help businesses retain employees
|
| gptkbp:isFacilitatedBy |
over 5 million loans
|
| gptkbp:isFundedBy |
federal government
|
| gptkbp:isPartOf |
COVID-19 relief efforts
|
| gptkbp:isSubjectTo |
congressional oversight
|
| gptkbp:issuedBy |
gptkb:Small_Business_Administration
|
| gptkbp:maximumDepth |
$10 million
|
| gptkbp:membership |
small businesses
veteran organizations nonprofits self-employed individuals tribal businesses |
| gptkbp:paymentMethods |
maintaining payroll
using funds for eligible expenses |
| gptkbp:profession |
$659 billion
|
| gptkbp:provides |
forgivable loans
|
| gptkbp:renovated |
Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act
|
| gptkbp:requires |
business licenses
payroll records tax filings good faith certification |
| gptkbp:scholarships |
2 years
5 years for Second Draw Loans |
| gptkbp:subject |
audit requirements
|