Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

Beaumont executive Tom Flanagan is indicted on wire fraud charges, accused of misusing over $2.4 million in PPP loans, ...

Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower ...

The White House included Reps. Marjorie Taylor Greene and Matt Gaetz in a list of Republicans who benefited from PPP-loan ...

Signed into law in March 2020, the federal Paycheck Protection Program had major reach in Shasta County. The program created as part of the CARES Act provided forgivable, low-interest loans to help ...

Congress recently passed the Paycheck Protection Flexibility Act of 2020 and improved the Paycheck Protection Program (PPP) for small business loans. The bill enhances the PPP by increasing the time ...

The Paycheck Protection Program (PPP), originally part of the March 27, 2020, CARES Act, has undergone several changes since its inception, including June’s PPP ...

Regions Bank has agreed to pay a $4.9 million settlement to the Department of Justice in a case involving a COVID-19 relief loan program. According to the DOJ, Regions was alleged to have forgiven a ...

COLD SPRING, Ky. (WKRC) - A Northern Kentucky manufacturer will pay nearly $900,000 to settle allegations it improperly obtained and received forgiveness of a Paycheck Protection Program loan, federal ...

As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations ...