Sweeping data released by the Small Business Administration on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small ...
Social media is abuzz with videos alleging a list of active warrants has been released for people thought to have engaged in Paycheck Protection Program (PPP) loan fraud. Search data from Google ...
With many small businesses struggling to maintain their financial reserves during COVID-19, Bank of America, JPMorgan Chase and Wells Fargo were the U.S. lenders that originated the highest number of ...
A number of data center providers and equipment makers have been granted US government loans to support them during the Covid-19 pandemic, government documents show. H5, T5, and GIGA Data Centers were ...
Businesses with fewer than 20 employees will get priority to apply for loans. President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week ...
The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...
A Canadian molder with U.S. operations in Michigan and Indiana has agreed to pay more than $3.6 million to settle claims it improperly secured a federal Paycheck Protection Program loan. The deal ...