The federal government’s Paycheck Protection Program distributed about 4.9 million loans from April through June to help businesses weather the fallout from the coronavirus. While 86% of participating ...
As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...
The SBA's Inspector General has highlighted $200 billion in potential fraud as loan defaults rise in Covid-19 relief programs. The agency disagrees. Businesses have defaulted on hundreds of thousands ...
(NEW YORK) — The federally backed emergency loan program to help hard-hit small businesses, reopened on Monday and — once again — was off to a rocky start with technology glitches reminiscent of those ...
AUSTIN, Texas (KTRK) -- Nearly 6,300 Texas-based companies received loans from the federal government valued at more than $1 million this spring, representing a major injection of government money ...
A Rochester company is paying $1.8 million to resolve allegations that it got loans for the Paycheck Protection Program (PPP) from the Small Business Administration (SBA) when they weren’t eligible ...
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