The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small ...

Federal prosecutors claim that Carl Delano Torjagbo siphoned millions in Paycheck Protection Program (PPP) funds and filed fraudulent tax returns to generate tax refunds.

Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

A Delaware-based manufacturing company with a location in New Jersey was accused of defrauding a COVID-19 relief fund and has reached a settlement with federal prosecutors, authorities said. Between ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

ALICE + OLIVIA settled for $3.2 million over false PPP loan claims, admitting misconduct in handling government funds aimed ...