Explore the PPP Small Business Loans Program, its benefits, eligibility rules, and how it supported small businesses during ...

The Small Business Administration announced that it has forgiven 80% of the $791 billion in Paycheck Protection Program loans it began issuing in 2020 to businesses across the country to help them ...

A rehab center and its owner were ordered to pay over $1.5m for violating the False Claims Act with PPP loans.

One of the principal benefits of the Paycheck Protection Program (“PPP”) is that the principal and interest from any loan forgiven is not includable in a taxpayer’s gross income. In what has developed ...

The U.S. Attorney's Office of New Jersey has announce the indictment of a former NJ couple involved in a COVID-19 fraud scheme that netted more than $700,000.

PRINCE GEORGE'S COUNTY, MD — A Cheltenham man has been sentenced to federal prison after he fraudulently obtained more than $3.5 million in COVID-19 Coronavirus Aid, Relief and Economic Security Act ...

With many small businesses struggling to maintain their financial reserves during COVID-19, Bank of America, JPMorgan Chase and Wells Fargo were the U.S. lenders that originated the highest number of ...

BRUNSWICK COUNTY, N.C. (WECT) - A business headquartered in Brunswick County has agreed to pay nearly $1.5 million in restitution and penalties as part of a criminal settlement. Campbell Sales Group, ...

As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection ...