Former SBA and IRS employee Attallah Williams is charged with embezzling $3.5 million from COVID-19 relief funds.
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...
Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota, amid an investigation into alleged fraud in COVID-era lending programs.
HOUSTON, Texas (KTRK) -- The deadline for small business owners in the U.S. to apply for loans from the Paycheck Protection Program is Saturday. More than 8,400 Houston businesses have received PPP ...
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 ...
WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...
We examine the longer-term effects of the Paycheck Protection Program (PPP) and the PPP Liquidity Facility (PPPLF) on small business (SME) lending using bank-level Call Report data. To identify a ...
The U.S. Small Business Administration was the lifeline for millions of companies during the COVID-19 pandemic, guaranteeing zero-interest loans and forgiving them if the money was used for payroll ...
The United States Department of Justice (“DOJ”) has intensified civil fraud investigations aimed at borrowers who obtained Paycheck Protection Program (“PPP”) loans despite falling outside the class ...