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 ...
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, which was meant for small ...
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).
Third-round PPP funding was offered to help employees and keep businesses afloat Reviewed by Doretha Clemon Fact checked by Michael Rosenston The Consolidated Appropriations Act of 2021 (CAA) was ...
The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...
A Michigan business has paid over $1.4 million to settle allegations with the federal government that it falsely claimed eligibility for loan forgiveness under the Paycheck Protection Act. The case ...
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
A federal judge has sentenced a Loxahatchee woman described as the ringleader of a South Florida Paycheck Protection Program fraud scheme to five years in prison. U.S. District Judge Federico A.
More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency fund disbursements ...
The U.S. Treasury Department encouraged banks to prioritize existing customers when dishing out Paycheck Protection Program pandemic loans, disadvantaging smaller businesses against the intent of ...
The Small Business Administration released a list of businesses that received emergency pandemic loans. Use our searchable database to see who in New York received funds. Shortly after the coronavirus ...
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