The scandal emerges at a crucial moment for the ... The Agency’s market position, industry oversight mechanisms, PPP loan audit procedures, and corporate governance standards all hang in the ...
while egregious abuse of federal small business loans – often referred to... Here’s What You Need to Remember: One of the reasons that PPP fraud has been featured so prominently in the news ...
JVP will be paying twice the amount it received for a $338,817 second-draw loan under the Paycheck Protection Program (PPP), created as part of the 2020 Coronavirus Aid, Relief, and Economic ...
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New details emerge about informant connected to Trayon White scandalMeanwhile, the bank fraud charges stem from false information submitted in PPP loan applications starting in 2020. What's ...
With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...
When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...
The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...
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