Unforgiven PPP Loans to Small Business Total $28 Billion
The Small Business Administration (SBA) and lenders have worked to provide over 11.7 million loans totaling nearly $800 billion in relief to over 8.5 million small businesses.
PPP Loans
Police Say Florida Woman Used PPP Loan Money to Hire a Hitman
The hitman that was hired to murder a Miami federal airport officer was paid using a PPP loan granted to help small businesses during the pandemic.
PPP Loan Study Shows Where the Money Really Went
Around three-quarters of the $800 billion Paycheck Protection Program went to business owners instead of workers, a new study has discovered.
Texas Man Gets More Than 9 Years in PPP Loan Fraud Scheme
According to court documents, Lee Price III, 30, of Houston, Texas is the latest man to get sentenced in a Paycheck Protection Program (PPP) fraud case.
Which Small Businesses Recovered Best After Getting a PPP Loan?
A new report by Biz2Credit reveals that among small businesses who took PPP loans those in finance and retail had done well in recovering from the effects of the pandemic.
Louisiana Man Indicted on $1.1 Million PPP Loan Fraud Charges
A man from Louisiana has been charged with fraudulently obtaining more than $1.1 million in PPP and EIDL Program loans.
In the News: $23 Million PPP Fraud Case Ends in Guilty Plea
Accessing capital has been difficult for women and minority business owners. One way entrepreneurs can overcome this particular challenge is by applying and receiving grants.
Liberian National Pleads Guilty to $23 Million PPP Fraud
The United States Department of Justice (DOJ) announced a Liberian national plead guilty to $23 million in COVID-19 relief fraud.
Here’s What to Do If You Are Denied PPP Loan Forgiveness
If you were denied for all or part of the money on your PPP loan forgiveness application, your appeal must be timely. You have 30 days to appeal.
How to Avoid PPP Loan Forgiveness Common Mistakes
You might have to pay back a portion of your PPP money, even if your business completely qualifies for forgiveness.
In the News: PPP Loan Forgiveness Portal Has Over 1 Million Applicants
Less than two months after the Small Business Administration (SBA) opened its PPP Loan Forgiveness Portal, it announced over one million small businesses have applied.
A Million Small Businesses Have Applied for PPP Loan Forgiveness with SBA Portal
The Small Business Administration’s (SBAs) PPP Loan Forgiveness Portal has accepted one million applications in less than two months.
