Pawn Shop Owner Settles PPP Loan Fraud Case
The owner of a pawn shop in New Jersey has settled allegations relating to the Paycheck Protection Program (PPP) loan.
PPP Loans
There’s Still Time to Apply for PPP Loan Forgiveness for Many Recipients
According to the SBA’s Forgiveness Platform Lender Submission Metrics. For the combined 23% of businesses that still haven’t applied, the time is now.
Marking the 2-Year Anniversary of the PPP Loan for Small Businesses
The first week of April marks the two-year anniversary of the Paycheck Protection Program (PPP) administered through the Small Business Administration (SBA).
Man Passes Out After He’s Found Guilty of PPP Loan Fraud
A Southern California resident accused of fraud related to $1.7 million in COVID-19 relief funds passed out in the courtroom.
Biden Putting Special Prosecutor on PPP Fraud
President Joe Biden announced that he will appoint a special prosecutor as part of a series of measures to combat fraud and identity theft in pandemic relief programs.
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.
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.
