With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...

Amanda Heller, Sarah Stokes and James Townsend are charged in federal court with defrauding the Paycheck Protection Program ...

The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...

However, the 22nd DAA's CEO, Carlene Moore, obtained a $4,713,700 PPP loan in May of 2020 ... with our lawmakers to better clarify DAAs’ status under state law and the federal tax code." ...

while egregious abuse of federal small business loans – often referred to... Here’s What You Need to Remember: One of the reasons that PPP fraud has been featured so prominently in the news ...

Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP ...

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...

CHARLOTTE – Taiji Group USA, Inc. (Taiji Group), a paper converter in Conover, N.C., has agreed to pay $460,395.09, to resolve allegations that it violated the False Claims Act by ...

The SBA then deposited $5,000 into the bank account. The next month, the DA said Jordan applied for an SBA-guaranteed PPP loan of $291,250 for the same fraudulent business. He claimed he had 18 ...