paycheck protection program

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Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans

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The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only $130 billion left for Americans looking for funds. The Banks Will … Read more

JPMorgan, Bank of America, Wells Fargo Sued Over Trump’s Paycheck Protection Program

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Class action lawsuits have been filed against JPMorgan Chase, Bank of America, Wells Fargo, and U.S. Bank for their alleged unlawful and fraudulent practices in the Paycheck Protection Program. This program is part of President Trump’s $2.2 trillion stimulus package to help small businesses cope with the economic crisis resulting from the covid-19 pandemic. Lawsuits … Read more