Campbell Sales Group, Inc., d/b/a LeatherItaliaUSA (CSG) on Mercantile Dr. NE, will pay $1,499,164 to resolve criminal liabilities in connection with a Paycheck Protection Program (PPP ...

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).

In this article, we will understand what is a personal loan settlement, its pros and cons, its impact on the credit score and report, and how to remove ‘settled’ status from the credit report.

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 ...

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 ...

This allocation also aims to facilitate the processing of loans through Empower Bank. “Regarding Empower Bank, I can confirm that yesterday I granted them prescribed asset status. This means ...

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 ...

The U.S. argues that the SBA’s IFR applied to Chambers’ companies and states that eight of the companies were not eligible for PPP loans because the SBA had already given $20 million to other ...

BOSTON — In an agreement to resolve False Claims Act allegations, Herb Chambers, several of his companies, and an officer of one of his companies are paying $11.8 million for Paycheck Protection ...

These companies collectively received six PPP loans totaling more than $5 million in principal, despite having more than 500 employees, which made them ineligible for the program. The PPP loan ...