The two allegedly submitted false loan applications to Paycheck Protection Program lenders using inactive businesses and ...

A Kansas City woman pleaded guilty to PPP loan fraud totaling more than $1.3 million.

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A Kansas City woman plead guilty in federal court to fraudulently receiving two Paycheck Protection Program (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 ...

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 ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...

The second, $900 billion COVID-19 relief package includes some changes to the Paycheck Protection Program for small businesses, which are continuing to be battered because of the pandemic. Many of ...

PITTSFIELD — The Paycheck Protection Program's loan portal will re-open to some lenders Friday and to all lenders Tuesday, according to the U.S. Small Business Administration and the U.S. Treasury ...