As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection ...

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...

The bank fired a manager for originating suspicious loans but later asked the SBA to forgive them, prosecutors say. The case ended in a $7.7 million settlement.

Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...

BRUNSWICK COUNTY, N.C. (WECT) - A business headquartered in Brunswick County has agreed to pay nearly $1.5 million in restitution and penalties as part of a criminal settlement. Campbell Sales Group, ...

The United States Department of Justice (“DOJ”) has intensified civil fraud investigations aimed at borrowers who obtained Paycheck Protection Program (“PPP”) loans despite falling outside the class ...

The club, which is not affiliated with Harvard University, was accused of violating the False Claims Act by certifying that ...