Program is shrinking as compliance rules reshape who can access federal contracts, raising questions about opportunity and ...

The plea deal with the U.S. Attorney’s Office will leave her with a felony conviction barring her from political office.

The government alleged in court documents that Garcia applied for and was approved for a Payroll Protection Program loan from Celtic Bank for $613,000 in 2020.

NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that it has closed a $295 million securitization backed by $342 million of Alternative Loan Program (“ALP”) loans. This securitization, ...

Four companies and three owners settle for $2.65 million over fraudulent PPP loan claims; allegations included inflated payroll figures and misrepresentation of fund use.

Learn which resources your business needs to thrive, from accounting software to networking.

Indian-origin businessman Rahul Shah was charged of with the hefty Covid-relief fraud in 2020. The DOJ announced his multi-year sentence this week.

Jodi Aliece Jennings, 50, of Junction City, pleaded guilty on Jan. 7 to stealing more that $487,000 in federal funds intended to help small businesses during the COVID-19 pandemic. In June 2023, a ...

The bank fired a manager for originating suspicious loans but later asked the SBA to forgive them, prosecutors say. The case ended in a $7.7 million settlement.

In the heart of Minnesota's bustling business districts, a federal crackdown unfolded on New Year's Day 2026, suspending nearly 7,000 borrowers from Small Business Administration programs over ...

The office of the U.S. Attorney for the District of New Jersey posted the following news release on Jan. 7, 2026:. CAMDEN, N.J.- KeyBank National Association, headquartered in Cleveland, Ohio, has ...