KeyBank will pay $7.7 million to resolve allegations of fraudulent activities related to the Paycheck Protection Program (PPP) loans. Discover the details of the settlement and its implications for the bank and its customers.
The SBA has extended the disaster relief deadline for Louisiana wildfire survivors to 2026, providing crucial support for those affected. Learn about the new deadlines, eligibility, and how to apply for assistance to help rebuild and recover.
Bill Kirk has officially taken office as the new SBA Inspector General, bringing his expertise to the forefront in the fight against fraud and abuse within the Small Business Administration. Discover his plans and strategies to enhance oversight and accountability in this crucial role.
Discover how the SBA's new Deregulation Strike Force aims to reduce small business costs and foster economic growth. Learn about the initiatives and potential impacts on entrepreneurs.
An Atlanta man has been convicted for his role in a $7.6 million COVID-19 fraud scheme, exploiting federal relief programs. Discover the details of the case and the implications of this high-profile conviction.
A PPP fraudster has been sentenced to 10 years in prison for embezzling $65 million in COVID-19 relief funds. Discover the details of this high-profile case and the implications for pandemic aid fraud.
Discover how the SBA's introduction of MARC loans is set to revolutionize U.S. manufacturing by providing essential funding and support to manufacturers, driving innovation and growth in the industry.
Five men have been sentenced for their roles in a significant drug trafficking and fraud scheme in Mobile. This article explores the details of the case, the sentences handed down, and the impact on the community.
A Utah woman has been sentenced for fraudulently obtaining COVID-19 loan funds, highlighting the serious consequences of financial deception during the pandemic. Discover the details of the case and its implications for similar fraud cases.
Marymount Manhattan College will pay $8.4 million after being found guilty of misusing Paycheck Protection Program funds. Explore the details of the case, its implications for the college, and the broader impact on educational institutions.
Explore the recent allegations against Chinese-owned firms involved in PPP loan fraud, resulting in a $7.3 million settlement. Learn about the implications of this case and its impact on the broader financial landscape.
Discover how the SBA is tightening regulations by demanding financial records from 8(a) program participants to prevent fraud. Learn about the implications for businesses and the steps being taken to ensure transparency and accountability.