A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...
Millions of COVID-relief loans kept businesses afloat. Now, a fraction of borrowers are under scrutiny as federal agencies ramp up efforts to recover funds or prosecute suspected fraud. But ...
One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
"These interpretations are critical to class certification because they help answer the common question here—whether plaintiffs' PPP loans should ever have been canceled—which is the key to class ...
As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...
KNOXVILLE, Tenn. (WATE) — A Rockford business has paid $2 million to the federal government to settle allegations that it wrongly applied for and received a Paycheck Protection Program (PPP) loan, ...
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