![]() Loans issued under the PPP carry a 1% interest rate, but the loans are completely forgivable if certain conditions are met. Director of Operations for Lakewood, New Jersey, United States. Launched in March 2020 in response to the economic uncertainty that was triggered by the novel coronavirus (COVID-19) pandemic, the PPP made hundreds of millions of dollars in federal funding available to businesses struggling as a result of the pandemic. Employee allowances (sick leaves, medical, parental, and vacation pay)įederal authorities are aggressively targeting individuals and companies for PPP loan fraud. UPDATE September 12, 2011: Today, I received an email message from Unbeatable Sale saying they would like to make this situation right and offering to sell me the dresser at the originally quoted price.I responded as follows: I have already placed a new order for the dresser from Linens N Things. ![]()
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