Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses ...

Gregory A. DeLine has been accused of using fake employees to receive loans through the Paycheck Protection Program in 2020.

Officials said the Winfield woman fraudulently received PPP funds, which she used for her own benefit on personal items.

Rahshone Burnett, 47, of west suburban Westchester, was charged last month with stealing money from the federal pandemic ...

A Kansas City woman was sentenced in federal court  for her leadership role in two cases that resulted in more than ...

The U.S. Treasury Department encouraged banks to prioritize existing customers when dishing out Paycheck Protection Program pandemic loans, disadvantaging smaller businesses against the intent of ...

The U.S. Small Business Administration properly refused to forgive an Oregon fruit processor’s $2 million COVID relief loan, ...

Trump said his administration’s goal is to ensure “every city in America is safe,” adding that San Francisco will be the next ...

JACKSONVILLE, Fla. – A Jacksonville man pleaded guilty to defrauding investors and fraudulently obtaining COVID-19 Paycheck Protection Program (PPP) loans, according to the United States Attorney’s ...

Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...

NEW YORK, NY (IANS) – Two men have pleaded guilty to their role in a scheme to fraudulently obtain and launder millions of dollars in forgivable Paycheck Protection Program (PPP) loans that the Small ...

A visit U.S. Rep. Sheila Cherfilus-McCormick made to a local Democratic club last week devolved into nastiness when a Primary ...