A former Evesham restaurateur has received a three-year prison term for fraudulently obtaining pandemic relief funds.
As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...
On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...
The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...
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 ...
Two foreign-controlled companies agreed to pay $1.75 million to resolve allegations related to the federal Paycheck Protection Program loans.
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The Paycheck Protection Program opened for business on April 3, 2020. Not long after, the Small Business Administration's E-Tran loan processing program crashed. SBA approved about 52,000 loans in ...
There's that saying about roads and good intentions, and the Paycheck Protection Program is perhaps one of the best examples of this. In the early days of the country's grappling with COVID-19, ...
When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...