Today, in consultation with the White House Task Force to Eliminate Fraud, the U.S. Small Business Administration (SBA) announced the suspension of 27,486 Ohio borrowers connected to approximately $1.

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 ...

Regions Bank has agreed to pay a $4.9 million settlement to the Department of Justice in a case involving a COVID-19 relief ...

Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.

Looking for a warrant list of people accused of PPP loan fraud? There is no public list at this time. But there is a database of all borrowers.

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 ...

An Alabama-headquartered bank with $157.4 billion in consolidated assets has agreed to settle allegations stemming from its ...

The Department of Justice said that Birmingham, Alabama-based Regions sought forgiveness from the Small Business Administration for a Paycheck Protection Program loan that the bank should have known ...

Although it disagreed with the claims, the regional bank said it settled with the Justice Department this month “with the goal of closing this chapter and moving on.” ...

The DOJ is pursuing False Claims Act cases against employers who accepted PPP loans in good faith seeking repayment of up to ...