PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.
* SBA-SINCE LAUNCH OF PPP ON APRIL 3, SBA PROCESSED OVER 3.8 MILLION LOANS FOR MORE THAN HALF A TRILLION DOLLARS OF ECONOMIC SUPPORT IN LESS THAN A MONTH Source text for Eikon: ...
An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...
A Norway man has been sentenced to two years in prison and ordered to pay $253,646 in restitution for filing fraudulent applications for loans from the federally funded Paycheck Protection Program.
Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.
NASHVILLE, Tenn. (WKRN) — According to the U.S. Attorney’s Office for the Middle District of Tennessee, Mount Zion Baptist Church (MZB) has agreed to pay $70,464.39 to settle civil claims that it ...
James Frank Austin allegedly purchased a Bentley after receiving nearly $2 million in funds. Former Georgia State House candidate James Frank Austin Jr. was indicted by a federal grand jury for filing ...
A former Merrill Lynch advisor has pleaded guilty to stealing more than $2.7 million dollars from investors and scamming the government’s pandemic program out of nearly $4.8 million. Jared Dean Eakes, ...
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 ...
RALEIGH, N.C. (WTVD) -- A scam alert for small business owners. This scam targets business owners who got financial relief from the Paycheck Protection Program during COVID-19. The PPP loans didn't ...