As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
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What business owners need to know when facing PPP fraud charges
The Paycheck Protection Program (PPP) was created at the height of the COVID-19 pandemic to provide financial aid for small ...
A York City tax preparer pleaded guilty to one count of bank fraud for his role in fraudulent Paycheck Protection Program loans. Dommonick T. Chatman admitted to preparing or approving fraudulent PPP ...
The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud. SBA Administrator Kelly Loeffler ...
While the COVID-19 pandemic may feel like a distant memory for many, its effects continue to reverberate for others—particularly for businesses that obtained loans through the Paycheck Protection ...
RALEIGH, N.C. (WNCT) — An IT solutions company called DynPro, Inc. will have to pay $2,178,254 to resolve a liability for a false Paycheck Protection Program (PPP) loan from the U.S. Small Business ...
The Small Business Administration announced that it has forgiven 80% of the $791 billion in Paycheck Protection Program loans it began issuing in 2020 to businesses across the country to help them ...
CHICAGO (WLS) -- In Illinois, nearly 70,000 small business owners got loans from the federal government before Payroll Protection Program funds were exhausted, and some are now wondering how those ...
The U.S. Small Business Administration properly refused to forgive an Oregon fruit processor’s $2 million COVID relief loan, according to a federal judge. Meduri Farms, which freeze dries blueberries ...
Christian Olaniran is a digital producer for CBS Baltimore, where he writes stories on diverse topics including politics, arts and culture. With a passion for storytelling and content creation, he ...
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