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 ...

Although the Paycheck Protection Program ended in 2021, PPP loan enforcement and litigation remain alive and well. Government and private actions during the past 12 months signal a continued focus on ...

Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her ...

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Officials still cannot say exactly how many billions of dollars in Paycheck Protection Program loans fraudsters made off with in the past couple of years, but they know it is a lot. Reports and ...

The U.S. Small Business Administration (SBA) published new guidance Wednesday designed to simplify and speed up the forgiveness process for businesses and not-for-profits with Paycheck Protection ...

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 ...

As a key pandemic-aid program pushed money out faster to bigger companies and majority white areas than to small firms and communities of color, the U.S. Small Business Administration made repeated ...

When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...

(TNS) — A new analysis has found more than $76 billion in Paycheck Protection Program loans may have been obtained fraudulently, with many of the loans handed out by online lenders including ...

The Biden administration just made it easier for very small businesses and self-employed workers to get more money in less time. Paycheck Protection Program loan portal opens to larger lenders soon: ...

Araceli Benitez allegedly advertised services to obtain Paycheck Protection Program loans. Benitez arrested in FBI, IRS investigation into COVID-19 relief fraud. Paycheck Protection Program was ...