Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses ...

A lobbying group for U.S. banks called on the U.S. government on Monday to amend glitches in a key federal pandemic loan program that it said were preventing small businesses from getting the ...

Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...

Resident, who posed as a financial advisor, pleads guilty to a multi-million dollar fraud that targeted retirement accounts, ...

Türkiye has secured a 1.7 billion euro ($2 billion) loan to finance the public-private partnership (PPP) project to build a ...

A Jacksonville man pleaded guilty to defrauding investors and fraudulently obtaining COVID-19 Paycheck Protection Program ...

JACKSONVILLE, Fla — A Jacksonville man faces up to 50 years in prison after pleading guilty to wire fraud and bank fraud. Court documents say 34-year-old Jared Dean Eakes defrauded investors and ...

Jared Dean Eakes, 34, of Jacksonville, Fla., faces a maximum of 50 years in prison, after entering a guilty plea to wire fraud and bank fraud on Monday, according to the U.S. Attorney's Office for the ...

The former interim CEO of Strong City Baltimore was sentenced Monday to time served for using COVID-19 relief funds to pay ...

Five former bank employees have been penalized in cases that involve alleged PPP fraud, misappropriation and theft.

After reading the article in Saturday's Herald, if the misguided Albany City Commission allows Tripp Morgan to re-open the ...