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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 ...
Officials still cannot say exactly how many billions of dollars in Paycheck Protection Program loans fraudsters made off with in the past couple of years, but they know it is a lot. Reports and ...
As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans ...
When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
A California nursing home chain must pay $18 million for allegedly submitting false information on Paycheck Protection Program loan applications and loan forgiveness applications, despite being ...
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo today announced it provided approximately 282,000 Paycheck Protection Program (PPP) loans through its 2020 and 2021 lending to support small businesses ...
The U.S. Small Business Administration and Treasury Department started the Paycheck Protection Program in response to the coronavirus pandemic. The program offered loans to businesses affected by ...
Executives at Womply and Blueacorn, which facilitated millions of Paycheck Protection Program loans, flouted rules and themselves collected improper loans, investigators said. By Stacy Cowley Top ...
A new congressional report finds that financial technology companies enabled fraud in the Paycheck Protection Program, which gave forgivable loans to small businesses during the pandemic. Rampant ...