With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...
The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...
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Distractify on MSNRumors of a PPP Loan Arrest Warrant List Circulate on Social Media — Find out if It's RealIf you or someone you know was a recipient of a Paycheck Protection Program (PPP loan) in 2020, the KRS-ONE lyrics “woop, ...
while egregious abuse of federal small business loans – often referred to... Here’s What You Need to Remember: One of the reasons that PPP fraud has been featured so prominently in the news ...
Two family members have been sentenced to prison for their involvement in a scheme to defraud the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program.
When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...
Albany (GA) WALB on MSN10d
21 individuals indicted in Mitchell County for PPP fraudMITCHELL COUNTY, Ga. (WALB) - Attorney General Chris Carr announced today that 21 individuals in Mitchell County have been ...
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FOX 32 Chicago on MSNIllinois postal workers accused of faking business to cash in on COVID-19 reliefAn Illinois couple has been charged after allegedly each receiving two Paycheck Protection Program (PPP) loans for over $40,000 while also receiving federal disability benefits and employed by the U.S ...
The SBA then deposited $5,000 into the bank account. The next month, the DA said Jordan applied for an SBA-guaranteed PPP loan of $291,250 for the same fraudulent business. He claimed he had 18 ...
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