Explore the PPP Small Business Loans Program, its benefits, eligibility rules, and how it supported small businesses during ...
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What business owners need to know when facing PPP fraud charges
The Paycheck Protection Program (PPP) was created at the height of the COVID-19 pandemic to provide financial aid for small ...
The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that were ...
On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...
Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her ...
When President Joe Biden announced his plan to slash student debt for millions of Americans on Wednesday, Republicans argued that the program would transfer money from blue-collar Americans to wealthy ...
Defendants pleaded guilty to conspiracy. PPP loans were designed to help small businesses keep their workers on payroll during the Covid-19 pandemic. While loans were obtained from various lenders, ...
A rehab center and its owner were ordered to pay over $1.5m for violating the False Claims Act with PPP loans.
The PPP program bailed out the Georgia-based online lender, which went from furloughing employees in March 2020 to being an appealing takeover target in a matter of months thanks in part to the $7 ...
But the program, which tasked banks and other private lenders with processing applications, was beset by fraud from its earliest days in the spring of 2020, with some recent estimates suggesting that ...
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