Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

The SBA has launched the Paycheck Protection Program, a new federal loan assistance program intended to deliver immediate financial relief to small businesses impacted by the coronavirus pandemic.

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

WASHINGTON, D.C. (NEXSTAR) – The US Treasury Department has finally made its Paycheck Protection Program public. Hedge funds, development corporations, large restaurant groups, all among the nearly 5 ...

The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...

With stay-at-home orders in place across the U.S., revenues for the nation’s 30 million small business have dried up, and many businesses have had to lay off employees. To aid these companies and ...

Ken Gillette, the cofounder and chief technology officer for Pocket Prep, thought his startup’s business might have a chance to thrive during the coronavirus shutdown. With more time at home, he ...

Cook County’s independent watchdog has rolled out another report finding four more county employees who fraudulently obtained federal loans designed to help small businesses survive the COVID-19 ...

Consolidated Appropriations Act, 2021 (H.R. 133): To promote streamlining PPP loan process without reducing anti-corruption, anti-fraud, and anti-discrimination measures Paycheck Protection Program ...