A Rochester company is paying $1.8 million to resolve allegations that it got loans for the Paycheck Protection Program (PPP) ...
Durst Image Technology will pay $1.8M to settle allegations that it improperly obtained PPP loans during the COVID-19 ...
Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...
A Miami lender that was one of the biggest approvers of Paycheck Protection Program loans now finds itself in the crosshairs of a Federal Reserve bank in connection with its lending in the program.
Some of the most prolific online lenders in the federal Paycheck Protection Program had remarkably lax fraud protection controls even as they approved billions of dollars worth of loans in the ...
Darnall, 53, of Santa Clara, secured more than $2.8 million through bogus Paycheck Protection Program loan applications.
In May 2021, Terry Kilcrease thought he saw a lifeline. He was out of work, living in a hotel in Lewisville, Texas, when he ran across a promising ad on Facebook. People who worked for themselves, it ...
The federal government’s Paycheck Protection Program distributed about 4.9 million loans from April through June to help businesses weather the fallout from the coronavirus. While 86% of participating ...