Jan 7 (Reuters) - A unit of KeyCorp will pay $7.77 million to ‌resolve allegations it violated the federal ‌False Claims Act by submitting fraudulent loans from the Paycheck Protection program ⁠for ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

The Education Department may start accelerating student loan forgiveness processing in February. The update may be good news ...

Starting January 7, 2026, the U.S. Department of Education officially resumed Administrative Wage Garnishment for defaulted ...

The latest turn in a federal fraud investigation in Minnesota involves COVID-era loan programs through the Small Business ...

While some routes to loan discharges have been blocked or delayed in 2025, the Department of Education has still granted borrowers billions of dollars in forgiveness.

The Small Business Administration (SBA) said on Thursday it had reviewed thousands of loans in the state, resulting in 6,900 ...

Brown, LLC helped achieve an $8.39 million settlement in United States v. Marymount Manhattan College, 24 Civ. 423 (JPO), a False Claims Act case brought by Brown, LLC’s client on behalf of the ...

Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.

The management company of the LaFontaine Automotive Group in Metro Detroit has agreed to pay $1.5 million to settle an alleged Paycheck Protection Program loan fraud. According to the U.S. Attorney's ...

SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...

The U.S. Department of Education plans to end a student loan debt forgiveness program used by millions of Americans. The feds said Dec. 9 that they had reached a proposed court settlement to kill the ...