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 ...

Explore the PPP Small Business Loans Program, its benefits, eligibility rules, and how it supported small businesses during ...

As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans ...

The Small Business Administration Office of Inspector General reviewed PPP regulations and the Paycheck Protection Program and Health Care Enhancement Act, in addition to guidance published in SBA’s ...

The United States Department of Justice (“DOJ”) has intensified civil fraud investigations aimed at borrowers who obtained Paycheck Protection Program (“PPP”) loans despite falling outside the class ...

Thousands of Minnesota borrowers are suspended from the U.S. Small Business Administration for suspected fraud activity. Officials say borrowers were approved for 7,900 Paycheck Protection Program and ...

More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency fund disbursements ...

The club, which is not formally affiliated with Harvard University, applied for and received a loan for which it was ineligible. The post Harvard Club of Boston to pay $2.4 million for defrauding ...

The Small Business Administration’s final rules were issued Friday morning on how to apply for funding available from the $349 billion Paycheck Protection Program included in the Coronavirus Aid, ...