Congress extended the Paycheck Protection Program as part of its economic relief bill finalized on Monday, allocating $284 billion to it. The changes to the PPP are a mixed bag: Some parts of the new ...
With stay-at-home orders in place across the U.S., revenues for the nation’s 30 million small business have dried up, and many businesses have had to lay off employees. To aid these companies and ...
The Paycheck Protection Program (PPP) was created at the height of the COVID-19 pandemic to provide financial aid for small businesses that needed help covering payroll, rent, utility, and mortgage ...
WASHINGTON — Owners of small engineering companies briefed lawmakers today on federal regulations that could deny them critical assistance under the Paycheck Protection Program (PPP) as part of a ...
On March 27, 2020 the House of Representatives passed the 2+ trillion dollar bill, the CARES Act, in an effort to rescue the US economy and the millions of Americans economically impacted by the ...
The DOJ is pursuing False Claims Act cases against employers who accepted PPP loans in good faith seeking repayment of up to three times the loan amount plus interest. Professional overseas ...
The White House included Reps. Marjorie Taylor Greene and Matt Gaetz in a list of Republicans who benefited from PPP-loan ...
One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
As we noted in our recent civil update, the pace of criminal cases related to Paycheck Protection Program (PPP) loan fraud has not slowed. Here are ...
CHICAGO (WLS) -- In Illinois, nearly 70,000 small business owners got loans from the federal government before Payroll Protection Program funds were exhausted, and some are now wondering how those ...