On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...

Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.

Although the Paycheck Protection Program ended in 2021, PPP loan enforcement and litigation remain alive and well. Government and private actions during the past 12 months signal a continued focus on ...

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Araceli Benitez allegedly advertised services to obtain Paycheck Protection Program loans. Benitez arrested in FBI, IRS investigation into COVID-19 relief fraud. Paycheck Protection Program was ...

Ajinomoto Cambrooke agreed to pay over $1.36 million to settle allegations of fraudulently obtaining a PPP loan by not ...

Ajinomoto Cambrooke, Inc., a company headquartered in Ayer., has agreed to pay $1,360,819.04 to resolve allegations that it violated the False Claims Act by obtaining a Paycheck ...

Officials still cannot say exactly how many billions of dollars in Paycheck Protection Program loans fraudsters made off with in the past couple of years, but they know it is a lot. Reports and ...

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When President Joe Biden announced his plan to slash student debt for millions of Americans on Wednesday, Republicans argued that the program would transfer money from blue-collar Americans to wealthy ...

As a key pandemic-aid program pushed money out faster to bigger companies and majority white areas than to small firms and communities of color, the U.S. Small Business Administration made repeated ...

The Biden administration just made it easier for very small businesses and self-employed workers to get more money in less time. Paycheck Protection Program loan portal opens to larger lenders soon: ...