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

In May 2021, Terry Kilcrease thought he saw a lifeline. He was out of work, living in a hotel in Lewisville, Texas, when he ran across a promising ad on Facebook. People who worked for themselves, it ...

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 ...

An online bank — credited with awarding government-backed loans to the smallest businesses during the pandemic on Long Island and elsewhere — has agreed to pay up to $120 million to settle fraud ...

When the United States Treasury first announced plans on March 27 to grant small businesses $349 billion in forgivable loans, known as the Paycheck Protection Program (PPP), it sounded like a powerful ...

JPMorgan Chase & Co is investigating employees who may have been involved in the misuse of federal funds meant to help small businesses and other customers hurt by COVID-19 shutdowns, according to an ...

"If you are a bank employee and you know what we are talking about, please call us at 866-714-6466. We typically can help you prove the PPP fraud. What we are talking about is super easy to prove.” — ...

IRVINE, Calif. (KABC) -- An Irvine man allegedly obtained about $5 million in federal coronavirus-relief loans for his fake businesses and then spent the funds on himself, including buying Ferrari, ...

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