The PPP program bailed out the Georgia-based online lender, which went from furloughing employees in March 2020 to being an appealing takeover target in a matter of months thanks in part to the $7 ...

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

Rahshone Burnett, 47, of west suburban Westchester, was charged last month with stealing money from the federal pandemic ...

The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...

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 ...

Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.

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 ...

RALEIGH, N.C. (WTVD) -- A scam alert for small business owners. This scam targets business owners who got financial relief from the Paycheck Protection Program during COVID-19. The PPP loans didn't ...

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 ...

A Milledgeville woman was convicted of wire fraud conspiracy and money laundering in a $2 million PPP loan scheme. She faces up to 20 years in prison.