Add Yahoo as a preferred source to see more of our stories on Google. Ron Sachs - CNP/Newscom The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy ...

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...

City Inspector General Deborah Witzburg on Wednesday said her office has prioritized the fraud cases involving police "because they occupy positions of tremendous public trust." ...

Some of the most prolific online lenders in the federal Paycheck Protection Program had remarkably lax fraud protection controls even as they approved billions of dollars worth of loans in the ...

On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...

Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.

When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...

The majority of Paycheck Protection Program loans given to small businesses during the COVID-19 pandemic have been forgiven, but new data show the program was rampant with fraud. Interesting new data ...

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PITTSFIELD — The Paycheck Protection Program's loan portal will re-open to some lenders Friday and to all lenders Tuesday, according to the U.S. Small Business Administration and the U.S. Treasury ...