If you or someone you know was a recipient of a Paycheck Protection Program (PPP loan) in 2020, the KRS-ONE lyrics “woop, ...

However, the growing scrutiny on high-profile PPP loan recipients is prompting calls for stricter regulations. Additionally, people want more transparency overall. The Larger Debate: Should ...

We explicitly included language in the CARES Act to ensure that PPP loan recipients whose loans are forgiven are not required to treat the loan proceeds as taxable income. As we’ve stated ...

Efforts to defraud the program were substantial. According to the Inspector General’s 2022 report, at least 70,000 PPP loans were potentially fraudulent. [1] The Small Business Administration recently ...

When Quest Food Management Services was approved for a forgivable federal loan to help it preserve jobs during the pandemic, the Lombard-based company, which supplies meals to schools throughout ...

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 ...

A Kentucky automotive manufacturer agreed to pay the federal government $3.8 million to settle allegations that it improperly received a COVID-19 relief loan, according to the U.S. Department of ...

Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP ...

The Department of Justice Monday announced that Carson Tahoe Health System will pay $8.9 million as part of a settlement over its use of Paycheck Protection Program or PPP loan funding.

A group of Wisconsin companies reached a settlement to repay nearly $10.9 million after being accused of falsely certifying they were eligible for federal pandemic Payroll ...

SW North America, Inc., a machining and automation supplier, agreed to pay $1,520,958.14 to resolve allegations that the ...

SW North America, Inc., a machining and automation supplier, has agreed to pay $1,520,958.14 to resolve allegations of violating the False Claims Act by improperly obtaining a ...