Less than 35% of the $800 billion in PPP loans actually went to workers, say economists The rest of the loan money landed in the pockets of the company's owners and shareholders, according to a new ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
Two founders of fintech firm Blueacorn were indicted in connection to a widespread Paycheck Protection Plan fraud scheme in the Northern District of Texas, the Department of Justice announced Friday.
On March 27, 2020, the CARES Act was signed into law to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic, including in the form of ...
RALEIGH, N.C. (WNCT) — An IT solutions company called DynPro, Inc. will have to pay $2,178,254 to resolve a liability for a false Paycheck Protection Program (PPP) loan from the U.S. Small Business ...
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The parent company of Carson Tahoe Regional Medical Center has agreed to pay back millions of dollars in pandemic-era loans as the federal government continues to crack down on fraud related to the ...
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