Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...

The SBA allocated more than $1 trillion through multiple programs to small businesses at the onset of the pandemic. The aftermath of that effort is still playing out. Here's what it means for ...

U.S. federal agencies have begun scrutinizing lenders for potential misconduct when distributing $525 billion in pandemic aid to struggling small businesses, according to half a dozen people with ...

Former Illinois State University basketball player Lorenzo Gordon was given $272,774 after fraudulently applying for PPP (Paycheck Protection Program) and EIDL (Economic Injury Disaster Loan ) loans.

A Battle Creek manufacturer has agreed to pay over $2.2 million in civil fines to resolve allegations involving the pandemic-era Paycheck Protection Program loan program. Andrew Birge, the acting U.S.

Seven adults, Lori Jackson, 63, Saidrick Jackson, 61, Saidrick Jackson II, 36, Saundria Jackson, 36, D’Andria Todd, 46, Bianca Williams, 33, and Valencia Williams, 53, admitted to conspiracy and wire ...

The Paycheck Protection Program (PPP) was established in 2020 to provide financial relief to small businesses during the COVID-19 pandemic. The program aimed to help businesses keep their workforce ...

MEMPHIS, Tenn. — A Mississippi woman was sentenced last Thursday to federal prison after defrauding a COVID-19 relief program of over $5 million. Lisa Evans, 42, of Olive Branch, Miss., has been ...

Jared Dean Eakes, 34, of Jacksonville, Fla., faces a maximum of 50 years in prison, after entering a guilty plea to wire fraud and bank fraud on Monday, according to the U.S. Attorney's Office for the ...