Lenders with less than $1 billion in assets have special access to the Paycheck Protection Program from 4 p.m. to 11:59 p.m. on Wednesday, per an announcement by U.S. Small Business Administration ...
Two Charleston-area businesses were among the five total who entered into a multi-million dollar settlement with federal ...
A local chamber of commerce, two country clubs and a Wapello County nonprofit are among 40 Iowa organizations facing federal ...
Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.
Regions Bank has agreed to pay a $4.9 million settlement to the Department of Justice in a case involving a COVID-19 relief ...
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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, ...
Purchasing power parity (PPP) compares currencies by using a common basket of goods to show differences in cost of living and standards of living across countries.
Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.
A federal investigation blames fintechs for rampant Paycheck Protection Program loan fraud. The resulting report named fintechs and lenders it said failed to screen for fraudulent claims. It could ...
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