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CEO under fire for $100 million paycheck

UK house builder Persimmon has survived an investor revolt sparked by anger over a planned payout for its chief executive worth roughly £75 million ($104 million)......»»

Category: marketsSource: cnnApr 25th, 2018

An American couple built a $1 million portfolio and retired in their 40s. Here"s how they did it.

Jim White shared how he reached FIRE — Financial Independence, Retire Early — and retired at 43. Jim White and his wife retired in their 40s and traveled around the US in an RVCourtesy of Jim WhiteJim White retired at 43 with.....»»

Category: worldSource: nytMay 6th, 2024

Highly valued startups did SPAC deals or completed IPOs after getting PPP loans

Within a year of getting loans under the Paycheck Protection Program, nearly four dozen companies, each with a valuation of at least $150 million, went public or made plans to do so......»»

Category: topSource: bizjournalsMay 10th, 2021

Paycheck Protection Program has run dry, after issuing more than 10 million loans to help businesses weather the pandemic

The Small Business Administration said the Paycheck Protection Program has been exhausted. As of Sunday, the PPP had given out nearly 10.8 million loans worth.....»»

Category: topSource: chicagotribuneMay 5th, 2021

Highland Park house that was once Fort Sheridan fire station sells for $1.2 million

A five-bedroom, 5,400-square-foot vintage brick house in Highland Park that formerly was a fire station serving the now-decommission.....»»

Category: topSource: chicagotribuneApr 27th, 2021

Pornhub founder Feras Antoon"s $20 million Montreal mansion went up in flames after a suspected arson attack

More than 80 firefighters spent three hours putting the fire out at Pornhub founder Feras Antoon's mansion, which was under construction. An image of adult fi.....»»

Category: smallbizSource: nytApr 27th, 2021

Predatory debt collectors would be barred from government’s pandemic relief loans under new bill

Debt collectors already have gained more than $520 million in loans from the Paycheck Protection Program. The bill would bar debt collectors that have been sanctioned from participating any more in the program......»»

Category: topSource: washpostApr 7th, 2021

Chicago announces $25 million fund to help women- and minority-owned contractors access small business loans

Chicago announced Wednesday a $25 million fund to help women- and minority-owned contractors access loans from the federal Paycheck Pr.....»»

Category: topSource: chicagotribuneMar 11th, 2021

Here"s how much new PPP money has gone to Missouri, Kansas businesses

The latest round of the Paycheck Protection Program has approved almost 1.3 million loans totaling $101 billion from 5,082 lending institutions through Feb. 7. Here's how much of that money has gone to Kansas and Missouri businesses......»»

Category: topSource: bizjournalsFeb 15th, 2021

FuelCell Repays $6.57M PPP Note

Clean energy manufacturing company FuelCell Energy Inc (NASDAQ: FCEL) has repaid the entirety of a $6.57-million Paycheck Protection Program (PPP) CARES Act claim made last year. read more.....»»

Category: blogSource: benzingaFeb 12th, 2021

A hedge fund made $700 million on its GameStop investment before bailing after Elon Musk"s "Gamestonk" tweet

Senvest Management owned more than 5% of GameStop before the WallStreetBets rally. The hedge fund got out after Musk added fuel to the fire. r/WallStreetBets weren't th.....»»

Category: topSource: businessinsiderFeb 4th, 2021

East Multnomah County businesses get more than $1 million in CARES funds

East Multnomah County has lacked access to the Paycheck Protection Program, the federal government's primary relief program for small business......»»

Category: topSource: bizjournalsJan 6th, 2021

WATCH: How business owners can make the most of PPP

Watch our webinar to learn if your business qualifies for up to $2 million in forgivable loans from the federal government - and what to do next. The Paycheck Protection Program is back.For millions of sma.....»»

Category: personnelSource: nytJan 6th, 2021

Treasury offers safe harbor for PPP loans under $2M

The U.S. Treasury Department has released new guidance on Paycheck Protection Program loans, essentially offering a safe harbor for loans under $2 million in relation to their certification of eligibility......»»

Category: topSource: bizjournalsMay 15th, 2020

PPP Loans Under $2 Million Get A Significant Waiver From SBA

If your company received a loan of less than $2 million under the Paycheck Protection Program, the new message from the Sm.....»»

Category: blogSource: benzingaMay 14th, 2020

Treasury offers safe harbor for PPP loans under $2 million

The U.S. Treasury Department has released new guidance on Paycheck Protection Program loans......»»

Category: topSource: bizjournalsMay 14th, 2020

Renewable fuel company Pacific Ethanol gets $9.9 million PPP loan after sales plummet

Sacramento-based renewable fuel company Pacific Ethanol Inc. received a $9.9 million loan under the federal government's Paycheck Protection Program to retain employees, after cutting production of fuel ethanol by 60% at the worst part of the pandem.....»»

Category: topSource: bizjournalsMay 14th, 2020

Capitol Report: Treasury says Paycheck Protection Program loans below $2 million typically won’t face audits

Updated guidance from the U.S. government suggests that about half of the PPP loans given to public companies don’t need to be returned......»»

Category: topSource: marketwatchMay 13th, 2020

Houston Grand Opera receives PPP loan, recalls furloughed employees

The Houston Grand Opera received a $2.5 million loan in the second round of the Small Business Administration's Paycheck Protection Program. The organization is utilizing the funds to restore all furloughed employees, starting May 4, and cancel salary r.....»»

Category: topSource: bizjournalsMay 7th, 2020

From making acquisitions to landing PPP – what coronavirus has meant for this publicly traded Columbus software company

In just weeks, a Columbus software maker went from rapid expansion with $3.8 million in acquisitions in the works to securing an $838,700 Paycheck Protection Program loan to bring employees back to work......»»

Category: topSource: bizjournalsMay 4th, 2020

Hotel Group Will Return Tens of Millions in Small Business Loans

One of the biggest beneficiaries of the government’s small business lending program said on Saturday that its companies will return at least $70 million in loans received through the Paycheck Protection Program. .....»»

Category: topSource: moneycentralMay 3rd, 2020