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 ...
Two Charleston-area businesses were among the five total that entered into million-dollar settlements with federal authorities over Paycheck Protection Program fraud, according to the U.S. Department ...
The alleged fraud is tied to Paycheck Protection Program and Economic Injury Disaster Loans through the Small Business ...
THE PAYCHECK PROTECTION PROGRAM SUPPORTED A LOT OF BUSINESSES THROUGH THE PANDEMIC, BUT OFFICIALS SAY SOME EXPLOITED THAT LOAN PROGRAM. KCCI CHIEF INVESTIGATIVE REPORTER SUZANNE BEHNKE REPORTS ON A ...
The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small business lending during the pandemic. The liquidity facility allowed banks to ...
Signed into law in March 2020, the federal Paycheck Protection Program had major reach in Shasta County. The program created as part of the CARES Act provided forgivable, low-interest loans to help ...