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

Longtime car dealership owner Herb Chambers, several of his companies and another executive at the company have agreed to pay $11.8 million to resolve allegations that the companies falsely ...

On April 30, 2020, the Small Business Administration established a new rule for the program that businesses part of a single corporate group could not receive more than $20 million in PPP loans.

Sara Tenenbaum is the Senior Digital Producer for CBS News Chicago covering breaking, local and community news in Chicago. She previously worked as a digital producer and senior digital producer ...

A bank initially canceled loans that the eight companies applied for due to the $20 million cap. But a second bank provided the PPP financial assistance to the businesses when they reapplied ...

No one would know about multiple DC Police Officers being investigated for illegal PPP loans unless the media kept asking questions. The 7News I-Team did just that in March of this year ...

In January 2021, American Furniture Rentals in Pennsauken received a $2 million, fully forgivable Paycheck Protection Program, or PPP, loan after certifying the company had fewer than 300 ...

The automotive retailer was accused of falsely certifying its dealerships’ eligibility for Paycheck Protection Program (PPP) loans to the United States Small Business Administration (SBA).

The settlement stems from claims that Chambers and his companies violated the False Claims Act by falsely certifying their eligibility for forgivable PPP loans meant to support struggling small ...