|
gptkbp:instance_of
|
gptkb:financial_assistance
|
|
gptkbp:administered_by
|
gptkb:Small_Business_Administration
|
|
gptkbp:aims_to
|
provide financial assistance to small businesses
|
|
gptkbp:controversy
|
fraud and misuse of funds
|
|
gptkbp:created_by
|
gptkb:U._S._Congress
|
|
gptkbp:currency
|
1%
|
|
gptkbp:enacted_by
|
March 27, 2020
|
|
gptkbp:financial_aid
|
$10 million
2 years for unforgiven loans
|
|
gptkbp:funding
|
$659 billion
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Paycheck Protection Program
|
|
gptkbp:impact
|
saved millions of jobs
|
|
gptkbp:includes
|
veteran organizations
nonprofits
self-employed individuals
tribal businesses
|
|
gptkbp:is_funded_by
|
gptkb:CARES_Act
|
|
gptkbp:is_targeted_at
|
small businesses affected by COVID-19
|
|
gptkbp:loan_forgiveness_criteria
|
maintaining payroll
using funds for eligible expenses
|
|
gptkbp:provides
|
forgivable loans
|
|
gptkbp:related_to
|
gptkb:COVID-19_pandemic
|
|
gptkbp:requires
|
good faith certification
|
|
gptkbp:submission_deadline
|
June 30, 2020
|
|
gptkbp:successor
|
gptkb:Second_Draw_PPP_Loans
|
|
gptkbp:bfsParent
|
gptkb:Mitch_Mc_Connell
|
|
gptkbp:bfsLayer
|
4
|