PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA loans must be repaid in full.
One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
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 ...
A company that operates 130 fitness centers has agreed to pay the government to resolve a pandemic-era loan dispute.
The latest turn in a federal fraud investigation in Minnesota involves COVID-era loan programs through the Small Business ...