On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...

Two foreign-controlled companies agreed to pay $1.75 million to resolve allegations related to the federal Paycheck Protection Program loans.

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 ...

The U.S. Attorney’s Office says it has settled with three companies accused of applying for and using millions in pandemic ...

A Taylorsville man was sentenced today after defrauding the Paycheck Protection Program (PPP) out of over $400,000.

Defendants pleaded guilty to conspiracy. PPP loans were designed to help small businesses keep their workers on payroll during the Covid-19 pandemic. While loans were obtained from various lenders, ...

Coleman is also accused of lying on the document about the year her business was established as well as its gross income. The ...

ALEXANDRIA, VA – Six Virginia-based organizations have agreed to pay more than $1.38 million to resolve allegations that they ...

A co-founder of the lender service Blueacorn was sentenced to 10 years in federal prison and ordered to pay $63 million in ...

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The SBA will begin accepting Shuttered Venue Operators Grant applications on April 8. Entities interested in applying can sign up for updates via a splash page for the new SVOG application portal. The ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...