Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...

A Norway man has been sentenced to two years in prison and ordered to pay $253,646 in restitution for filing fraudulent applications for loans from the federally funded Paycheck Protection Program.

*The Paycheck Protection Program (PPP) was created in 2020 to help small businesses during the COVID-19 pandemic, but some high-profile celebrities, including Chris Brown and Lil Wayne, are accused of ...

Jared Dean Eakes, 34, of Jacksonville, Fla., faces a maximum of 50 years in prison, after entering a guilty plea to wire fraud and bank fraud on Monday, according to the U.S. Attorney's Office for the ...

Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses ...

An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...

AUSTIN, Texas (KTRK) -- Nearly 6,300 Texas-based companies received loans from the federal government valued at more than $1 million this spring, representing a major injection of government money ...

James Frank Austin allegedly purchased a Bentley after receiving nearly $2 million in funds. Former Georgia State House candidate James Frank Austin Jr. was indicted by a federal grand jury for filing ...

The U.S. Small Business Administration properly refused to forgive an Oregon fruit processor’s $2 million COVID relief loan, ...

IRVINE, Calif. (KABC) -- An Irvine man allegedly obtained about $5 million in federal coronavirus-relief loans for his fake businesses and then spent the funds on himself, including buying Ferrari, ...

The U.S. Small Business Administration and the Treasury Department will reopen the Paycheck Protection Program Jan. 11 to new borrowers and certain existing PPP borrowers, the agency said Friday. “To ...