WASHINGTON, D.C. (NEXSTAR) – The US Treasury Department has finally made its Paycheck Protection Program public. Hedge funds, development corporations, large restaurant groups, all among the nearly 5 ...
Whistleblowers and the Department of Justice Unjustly Profiting from the Paycheck Protection Program
The DOJ is pursuing False Claims Act cases against employers who accepted PPP loans in good faith seeking repayment of up to ...
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 newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...
Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.
An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...
BALTIMORE, Md. — Finding the perfect dress is a bride's dream, but at Elite Secrets Bridal, COVID-19 shutdowns nearly turned LaTonya Turnage’s small business into a nightmare. “I can't even put into ...
As the federal government unveiled its second round of the Paycheck Protection Program on Monday, many nonprofits reported struggles to access the newly available loan program. As with the first round ...
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