Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...
When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
This Admin will not continue to hand out blank checks to fraudsters – and we will not rest until we clean up the criminal ...
In response to a congressional report criticizing its handling of fraud in the massive Paycheck Protection Program, the Small Business Administration says it plans to investigate several prominent PPP ...
Those who are asking judges to step in include a small New England college, a New Jersey car dealership and a Midwest chain of health clubs. It's no secret that nearly all the $800 billion in Paycheck ...
Westmoor Country Club in Brookfield will pay $1.25 million to the federal government to settle claims it improperly obtained a loan through the Paycheck Protection Program.
In their first meeting since the Small Business Administration proposed opening its flagship 7(a) loan guarantee program to fintechs, Democrats and Republicans on the Senate Small Business Committee ...
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Is your SBA loan in default? Forgiveness is possible
Defaulting on an SBA loan is serious; you can face bank levies, wage garnishment and foreclosure. But some cases allow forgiveness. Learn if you qualify.
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