Richard N. Wayne, President and CEO, opened the call by highlighting, "it was a great quarter. On all cylinders, it was a great quarter." He emphasized that net income was $25.2 million, calling it a ...

BATTLE CREEK, MI — A Michigan company received COVID funding it was ineligible to get because of its size, according to federal prosecutors, resulting in an investigation and a hefty payment to ...

WASHINGTON (NEXSTAR) — If you’re a business owner who received Paycheck Protection Program money from the government, you may soon have more options on how to use it. A move by Congress could make ...

A Detroit man has been sentenced to prison and ordered to pay $14.5 million in restitution in connection with a fraud scheme involving COVID-19 pandemic relief loans, officials said. Matthew Lloyd ...

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 founders of a financial technology firm that arranged pandemic relief loans for thousands of small businesses nationwide — including more than 3,200 on Long Island — are each facing up to 20 years ...