See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. When COVID-19 began to infect Americans in early 2020, Congress ...
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In May 2022, the US Department of Justice (US DOJ) filed its first civil complaint for Payroll Protection Program (PPP) fraud under the federal False Claims Act (FCA) in a Florida federal court. The ...
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 ...
Defendants pleaded guilty to conspiracy. PPP loans were designed to help small businesses keep their workers on payroll during the Covid-19 pandemic. While loans were obtained from various lenders, ...
With most tax returns now across the filing deadline, some investors and their wealth advisors are confronting potential scrutiny of the free money they received during the pandemic. Processing ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
The U.S. SBA offers many loan programs to help small businesses. Learn the basics about PPP, EIDL and 7(a) loans and which of these include loan forgiveness.
A federal jury convicted Michigan businessman Dale Thrush of Farwell of wire fraud for fraudulently obtaining a Payroll Protection Program (PPP) loan and loan forgiveness. (Canva Pro) A federal jury ...
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