The U.S. SBA offers many loan programs to help small businesses. Learn the basics about PPP, EIDL and 7(a) loans and which of these include loan forgiveness.
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One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...
Allegations of fraud came to light through a previously sealed lawsuit brought by two whistleblowers. The whistleblowers will receive a combined 15% of the settlement amount, the U.S. Attorney’s ...
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 ...
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