As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans ...

The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...

The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...

The Paycheck Protection Program (PPP) was created at the height of the COVID-19 pandemic to provide financial aid for small ...

Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her ...

The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud. SBA Administrator Kelly Loeffler ...

While the COVID-19 pandemic may feel like a distant memory for many, its effects continue to reverberate for others—particularly for businesses that obtained loans through the Paycheck Protection ...

CHICAGO (WLS) -- In Illinois, nearly 70,000 small business owners got loans from the federal government before Payroll Protection Program funds were exhausted, and some are now wondering how those ...

The Small Business Administration announced that it has forgiven 80% of the $791 billion in Paycheck Protection Program loans it began issuing in 2020 to businesses across the country to help them ...

The federal government’s Paycheck Protection Program distributed about 4.9 million loans from April through June to help businesses weather the fallout from the coronavirus. While 86% of participating ...