An Illinois woman confessed to fraudulently obtaining government aid via a fake business, netting over forty thousand dollars ...
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 ...
Those who are asking judges to step in include a small New England college, a New Jersey car dealership and a Midwest chain of health clubs. It's no secret that nearly all the $800 billion in Paycheck ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Even if businesses have secured ...
Financial technology firms allegedly facilitated the issuance of fraudulent PPP loans during the early stages of the coronavirus pandemic. Getty Images/iStockphoto Financial tech companies that were ...
Taxpayers whose Paycheck Protection Program (PPP) loans are forgiven under the program but who are ineligible for that forgiveness may not exclude the forgiven loan amount from gross income for ...
America's fintech darlings became the MVPs of the Paycheck Protection Program by easing the process for troubled small-business owners, but now they're in hot water over suspicions that they ...
Fewer than 10% of all Paycheck Protection Program loans remain unforgiven, and the majority of those belong to one-person businesses — companies the program most intended to help. We've been talking ...
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