News

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 ...
Co-signing a loan may help the borrower qualify, but it could also hurt your credit score and overall finances. Many, or all, of the products featured on this page are from our advertising ...
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 ...
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 ...
As the Reserve Bank of India (RBI) on Wednesday cut the repo rate again by 25 basis points, home loan EMIs are expected to fall. In the past two months, RBI has cut the repo by a total of 50 basis ...
Home loan interest rates are expected to ease further after the Reserve Bank of India (RBI), led by governor Sanjay Malhotra, announced a 25 basis points reduction in the repo rate, bringing it ...
Noam Galai/Getty Images During a Wednesday appearance on Mornings with Maria, host Maria Bartiromo asked Dimon if he thinks America will see a rise in loan defaults. Dimon said he hasn't seen ...
Herb Chambers, one of the region’s best known auto dealers, has agreed to pay $11.8 million to settle allegations that eight of his companies fraudulently obtained relief loans from the federal ...
Unity Tax Express was run by the Pearsons, who helped many people in applying for and receiving fake PPP loans in exchange for a fee. According to court documents, the PPP loan applications included ...