While the COVID-19 pandemic may feel like a distant memory for many, its effects continue to reverberate for others—particularly for businesses that obtained loans through the Paycheck Protection ...
Two founders of fintech firm Blueacorn were indicted in connection to a widespread Paycheck Protection Plan fraud scheme in the Northern District of Texas, the Department of Justice announced Friday.
RALEIGH, N.C. (WTVD) -- A scam alert for small business owners. This scam targets business owners who got financial relief from the Paycheck Protection Program during COVID-19. The PPP loans didn't ...
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
Some small businesses that received loans from the government's Paycheck Protection Program during the COVID pandemic were eligible for loan forgiveness, but they decided to repay the money anyway.
CHICAGO (WLS) -- The Paycheck Protection Program has issued $22 billion to struggling Illinois businesses, but some of those federal loans are being stolen, according to the FBI. The PPP money is ...
RALEIGH, N.C. (WNCT) — An IT solutions company called DynPro, Inc. will have to pay $2,178,254 to resolve a liability for a false Paycheck Protection Program (PPP) loan from the U.S. Small Business ...
The SBA released the list of PPP loan recipients recently and the wealth management industry is scrambling to justify their loans while operating a fee-based business model. What exactly are ...
Most Paycheck Protection Program loans have been forgiven despite billions of dollars going to undeserving recipients. But some companies are voluntarily paying back their loans. Now we have a story ...
The Department of Justice continues to have its task forces throughout the U.S. investigate and prosecute fraudulent use of funds from the Paycheck Protection Program (PPP) and Economic Injury ...
The U.S. Small Business Administration and the Treasury Department will reopen the Paycheck Protection Program Jan. 11 to new borrowers and certain existing PPP borrowers, the agency said Friday. “To ...
The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...
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