A man pleaded guilty to a PPP fraud scheme that netted him over $1 million in pandemic relief funds meant for small ...

As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...

The SBA has transmitted the borrowers to the DOJ. And with today’s referral, Treasury will begin collecting on the outstanding debt as part of the Trump Administration’s commitment to recouping stolen ...

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 ...

The checks may take weeks to get to everyone who is eligible. It took about two weeks for a nation of desperate small businesses to use up all of the approximately $350 billion in Paycheck Protection ...

Three companies based in North America but owned by Chinese government-run enterprises have agreed to pay more than $21.6 million to the United States. This payment settles allegations that they ...