Two New York-based transportation companies have agreed to pay $4.4 million to settle allegations they improperly obtained federal COVID relief loans meant for small businesses. 3rd Avenue Transit, ...
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.
Business.com on MSN
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 ...
Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...
Mount Zion Baptist Church in Nashville has agreed to repay the federal government more than $70,000 to settle allegations of misused paycheck protection program, or PPP, loans. The church was approved ...
InsideNoVa on MSN
Gainesville's Heritage Hunt community reaches $425K settlement with DOJ amid PPP loan probe
The Heritage Hunt Homeowners Association has agreed to a settlement of $425,000 with the U.S. Department of Justice in ...
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 ...
*The Paycheck Protection Program (PPP) was created in 2020 to help small businesses during the COVID-19 pandemic, but some high-profile celebrities, including Chris Brown and Lil Wayne, are accused of ...
Two family members have been sentenced to prison for their involvement in a scheme to defraud the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program. According to the ...
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, ...
With stay-at-home orders in place across the U.S., revenues for the nation’s 30 million small business have dried up, and many businesses have had to lay off employees. To aid these companies and ...
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