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The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...
Third-round PPP funding was offered to help employees and keep businesses afloat Reviewed by Doretha Clemon Fact checked by Michael Rosenston The Consolidated Appropriations Act of 2021 (CAA) was ...
The Small Business Administration (SBA) has released a simple one-page forgiveness application for Paycheck Protection Program (PPP) borrowers who obtained loans of $50,000 or less. The new ...
Recent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False Claims Act (FCA) enforcement actions centered on PPP applicants’ ...
The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...
Ever since the federal government codified its landmark CARES Act, authorizing $2 trillion of assistance to companies and individuals during the coronavirus pandemic, small-business owners have been ...
Sarah Ladley was approved for emergency funding in the second round of the Paycheck Protection Program. But getting there was difficult. Ladley’s food truck, Ba-nom-a-nom, specializes in vegan ...
Ken Gillette, the cofounder and chief technology officer for Pocket Prep, thought his startup’s business might have a chance to thrive during the coronavirus shutdown. With more time at home, he ...
The Paycheck Protection Program is one of the most successful government programs ever created. It distributed $800 billion of forgivable loans during the once-in-a-century pandemic to over six ...
The 49-year-old owner of several Middlesex County businesses has been sentenced to more than three years in prison for ...
WREG-TV Memphis on MSN
MS woman gets prison for $5M COVID relief fraud
A Mississippi woman was sentenced last Thursday to federal prison after defrauding a COVID-19 relief program of over $5 ...
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