Copyright © 2022, Los Angeles Times | | | | Advertisement One Los Angeles business owner allegedly went to Las Vegas and gambled away some of the $9 million he received in emergency government loans earmarked for his employees.A Texas man is accused of using his $1.5-million Paycheck Protection Program funds to pay off a mortgage, while another loan recipient in Georgia is charged with using his $2-million loan to buy a car, jewelry and to pay child support.A Washington, D.C., applicant fabricated Social Security numbers in an attempt to collect money for employees he didn’t really have,...…Copyright © 2022, Los Angeles Times | | | | Advertisement One Los Angeles business owner allegedly went to Las Vegas and gambled away some of the $9 million he received in emergency government loans earmarked for his employees.A Texas man is accused of using his $1.5-million Paycheck Protection Program funds to pay off a mortgage, while another loan recipient in Georgia is charged with using his $2-million loan to buy a car, jewelry and to pay child support.A Washington, D.C., applicant fabricated Social Security numbers in an attempt to collect money for employees he didn’t really have,...WW…

Copyright © 2022, Los Angeles Times | | | | Advertisement After initial resistance from some Republicans, Congress is inching closer to an agreement to extend at least some of the $600-a-week federal unemployment insurance subsidy approved this spring to help American workers hurt by the coronavirus crisis.When they return next week to begin talks on another major relief bill, lawmakers face a tight deadline to renew the popular benefit, which expires at the end of the month. The recent resurgence in COVID-19 cases in many states, including California, is Advertisement“The extra $600 per...…Copyright © 2022, Los Angeles Times | | | | Advertisement After initial resistance from some Republicans, Congress is inching closer to an agreement to extend at least some of the $600-a-week federal unemployment insurance subsidy approved this spring to help American workers hurt by the coronavirus crisis.When they return next week to begin talks on another major relief bill, lawmakers face a tight deadline to renew the popular benefit, which expires at the end of the month. The recent resurgence in COVID-19 cases in many states, including California, is Advertisement“The extra $600 per...WW…

Copyright © 2022, Los Angeles Times | | | | Advertisement Nearly $135 billion provided by Congress to help small businesses struggling to survive the COVID-19 pandemic was left on the table Tuesday as the Paycheck Protection Program stopped accepting new applications.The program was so popular after Congress created it in March that it ran out of its initial $349 billion in less than two weeks and had to be replenished. But the second $310-billion round of forgivable payroll loans didn’t go as quickly after some large companies encountered public backlash and criticism from President Trump...…Copyright © 2022, Los Angeles Times | | | | Advertisement Nearly $135 billion provided by Congress to help small businesses struggling to survive the COVID-19 pandemic was left on the table Tuesday as the Paycheck Protection Program stopped accepting new applications.The program was so popular after Congress created it in March that it ran out of its initial $349 billion in less than two weeks and had to be replenished. But the second $310-billion round of forgivable payroll loans didn’t go as quickly after some large companies encountered public backlash and criticism from President Trump...WW…

Copyright © 2022, Los Angeles Times | | | | Advertisement Congressional leaders and the White House were close to a deal Monday over an emergency coronavirus package to replenish a small-business assistance program that ran out of funds last week, even as critics said misuse of the popular loan program by large companies had squeezed out smaller businesses.The now-depleted Paycheck Protection Program was designed to provide forgivable loans to small businesses if they kept workers on the payroll during the economic shutdown caused by the pandemic. It would receive an additional $310 billion...…Copyright © 2022, Los Angeles Times | | | | Advertisement Congressional leaders and the White House were close to a deal Monday over an emergency coronavirus package to replenish a small-business assistance program that ran out of funds last week, even as critics said misuse of the popular loan program by large companies had squeezed out smaller businesses.The now-depleted Paycheck Protection Program was designed to provide forgivable loans to small businesses if they kept workers on the payroll during the economic shutdown caused by the pandemic. It would receive an additional $310 billion...WW…