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Articles for PPP, search results for funds

Two Indian-origin men in U.S. guilty of fraud in multi-million dollar COVID fund
1 year, 2 months ago

Two Indian-origin men in U.S. guilty of fraud in multi-million dollar COVID fund

The Hindu  

“Two men of Indian origin in the U.S. have pleaded guilty to their participation in a multi-million dollar fraud scheme by obtaining loans under an economic assistance plan following the COVID-19 pandemic in the country,” the justice department said. The Department of Justice in a statement said Nishant Patel, 41, and Harjeet Singh, 49, both from Houston and three others …

Men Loan Sba Ppp Fraud Scheme Dollar Covid
Haryana Government Unearths Rs 100 Crore Fraud In Mewat, Saves Over Rs 1,200 Crore
1 year, 4 months ago

Haryana Government Unearths Rs 100 Crore Fraud In Mewat, Saves Over Rs 1,200 Crore

News 18  

In a significant development, the Haryana government has uncovered a staggering fraud amounting to Rs 100 crore in Mewat’s Punhana region. The government is now gearing up for full recovery, along with interest, from the individuals implicated in the Rs 100 crore fraud in Mewat’s Punhana region. Chief Minister Manohar Lal Khattar proudly announced that Haryana now boasts approximately 100 …

Fraud Haryana Crore Punhana Rs 100 Crore Ppp Mewat
Visakhapatnam’s famed Mudasarlova Park to be developed under PPP mode; municipal corporation to fund overhaul of Poorna Market
1 year, 10 months ago

Visakhapatnam’s famed Mudasarlova Park to be developed under PPP mode; municipal corporation to fund overhaul of Poorna Market

The Hindu  

The Greater Visakhapatnam Municipal Corporation, in a significant development, withdrew its previous proposal to develop Poorna Market under a Public Private Partnership model. However, amid heated debates and stiff opposition, the council passed the controversial proposal to develop the historical Mudasarlova Park through the Public-Private Partnership model. There were also heated discussions when a proposal seeking ₹1.24 crore was brought …

Proposal Mayor Gvmc Ppp Mode
Individuals offering funds for heritage conservation in Karnataka
2 years, 10 months ago

Individuals offering funds for heritage conservation in Karnataka

The Hindu  

The Department of Archaeology, Museums and Heritage is encouraging public private participation in conservation and restoration of monuments in Karnataka, and the response is encouraging. She said the PPP model provides funds of up to ₹10 lakh per monument of which 40% will be provided by the department, 40% has to be pitched in by the organisation taking up the …

Conservation Heritage Karnataka Department Poornima Ppp
Hindu right-wing organisations in the U.S avail themselves of low-interest loans offered by the Small Business Administration
3 years, 6 months ago

Hindu right-wing organisations in the U.S avail themselves of low-interest loans offered by the Small Business Administration

The Hindu  

The devastating second wave of COVID-19 infections in India has resulted in more than three lakh fatalities as of May 27, according to the official count. In an article that Al Jazeera published on its website on April 2, the journalist Raqib Hameed Naik, citing SBA data, said that five Hindu American organisations—the Vishwa Hindu Parishad of America, the Ekal …

Business India Delhi Indian Relief Lawsuit Hindu
It’s your last chance at a PPP loan. Here’s how to apply
3 years, 6 months ago

It’s your last chance at a PPP loan. Here’s how to apply

LA Times  

Time is running out for small-business owners looking to get a government Paycheck Protection Program loan. “You want to try to give any organization as much time as possible right now to process your request,” said OC Isaac, senior vice president and chief credit officer at Pacific Coast Regional Corp., a small-business development center and community development financial institution in …

Business Owners Isaac Sba Ppp Loans Development Financial
Feds: Man used fraudulent PPP loan to buy alpaca farm
3 years, 7 months ago

Feds: Man used fraudulent PPP loan to buy alpaca farm

Associated Press  

BOSTON — The owner of a Massachusetts pizza parlor lied about the number of employees he had to fraudulently obtain more than $660,000 in federal coronavirus relief funds, then used some of the money to buy and stock an alpaca farm in Vermont, federal prosecutors said Tuesday. McIntyre, who formerly lived in Beverly and Essex, Massachusetts, was the owner of …

Boston Mcintyre Vermont
Hindu right-wing groups in US got $833,000 of federal COVID fund
3 years, 8 months ago

Hindu right-wing groups in US got $833,000 of federal COVID fund

Al Jazeera  

Editor’s note: This article has been revised for clarity on April 27. Infinity Foundation Infinity Foundation, another Hindu nationalist organisation with ties to the RSS, received $51,872 in US federal funds in the wake of the coronavirus pandemic according to SBA data. Infinity Foundation’s founder Rajiv Malhotra, a right-wing author, is often referred to as the “Ayn Rand of Internet …

India Indian Relief Foundation New Delhi Fund Covid
Restaurants gearing up for another round of relief funds
3 years, 9 months ago

Restaurants gearing up for another round of relief funds

LA Times  

Lucques Group cofounder Caroline Styne, right, with co-owner Suzanne Goin, has immersed herself in the rescue plan’s details. “We’re thrilled to get whatever we can at this point, and I think the money will go quickly because there’s just such a dire need out there,” she said. We need to pay the bills, pay the mortgage.” Samala said she would …

Money Restaurants Loan Way Round Aid Need
Amid delays, small businesses desperately await PPP loans
3 years, 9 months ago

Amid delays, small businesses desperately await PPP loans

CNN  

CNN Business — Last year, Barbara Thigpen had a difficult choice to make: close her salon of 10 years, or dip into her son’s college fund. But those funds are taking longer to get to small business owners due to additional compliance checks and the recent release of new rules governing how small business owners should apply for the loans, …

Business Funding Loans Loan Small Businesses Cnn Round
Go beyond setting up a development finance institution
3 years, 10 months ago

Go beyond setting up a development finance institution

Live Mint  

The National Infrastructure Pipeline, which drew up a road map for investment of ₹102 trillion covering 6,835 projects over 2020-2025, was considered over-ambitious from the start and has largely been a non-starter. Private participation has been in decline, despite several measures taken by the Centre in recent years to promote it, from inviting foreign investment and streamlining regulations to introducing …

Finance India Investment Projects Infrastructure Development Help Dfi
Trump administration spent money meant for face masks and other PPE on jet engine parts
4 years, 3 months ago

Trump administration spent money meant for face masks and other PPE on jet engine parts

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A $1bn fund Congress gave the Pentagon in March to …

Medical Pandemic Defence Money Congress Trump Funding
How Hotels And Private Equity Firms Are Plying Congress For A New Bailout
4 years, 4 months ago

How Hotels And Private Equity Firms Are Plying Congress For A New Bailout

Huff Post  

LOADING ERROR LOADING Big hotels, private equity firms and hedge funds are seeking a new government coronavirus bailout, and more than 100 members of Congress from both parties are taking up their cause. “In fact, we have a letter that we created that well over 100 members of Congress signed to send to the Treasury ― Democrats and Republicans alike …

Hotels Industry Congress Loans Treasury Hotel Businesses
PPP: Relief went to hair salons, restaurants, law firms – and some members of Congress
4 years, 5 months ago

PPP: Relief went to hair salons, restaurants, law firms – and some members of Congress

CNN  

CNN — After withering pressure from lawmakers, the federal government on Monday released data on hundreds of thousands of borrowers from the $660 billion Paycheck Protection Program – the main relief vehicle for small and mid-size companies suffering from the pandemic lockdowns. The data released by the Small Business Administration and Treasury shows that a broad cross-section of American businesses …

Business Law Data Congress Loans Small Businesses Treasury