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 ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
The U.S. SBA offers many loan programs to help small businesses. Learn the basics about PPP, EIDL and 7(a) loans and which of ...
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Hoffmann Quality Tools received loan forgiveness under a COVID-19 program for which it was not eligible. Now, the company had to pay $1.4 million.
In March of this year, the SBA began referring around $20 billion in delinquent PPP Loans with balances of less than $100,000 to the Treasury Department for collection, and another 10,000 delinquent ...
A federal district judge in Lubbock told a Plainview woman who admitted to concealing a $3.5 million Paycheck Protection Program Loan fraud scheme that the greed and lack of remorse she displayed ...
PITTSBURGH — Two people from Washington County have been sentenced for trying to defraud the United States government by submitting false Payroll Protection Program (PPP) loan applications totaling ...
SAN FRANCISCO (KGO) -- Three Bay Area companies have agreed to pay thousands of dollars to settle allegations that they abused the Paycheck Protection Program during the pandemic. La Baguette, which ...
A South Jersey health system is paying $3.1 million to settle allegations that it improperly took a loan from the federal Paycheck Protection Program during the Covid era. The payment by Shore Medical ...
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