WASHINGTON, D.C. (NEXSTAR) – The US Treasury Department has finally made its Paycheck Protection Program public. Hedge funds, development corporations, large restaurant groups, all among the nearly 5 ...
WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...
In March of this year, the SBA began referring around $20 billion in delinquent PPP Loans with balances of less than $100,000 to the Treasury Department for collection, and another 10,000 delinquent ...
BALTIMORE, Md. — Finding the perfect dress is a bride's dream, but at Elite Secrets Bridal, COVID-19 shutdowns nearly turned LaTonya Turnage’s small business into a nightmare. “I can't even put into ...
The parent company of Carson Tahoe Regional Medical Center has agreed to pay back millions of dollars in pandemic-era loans as the federal government continues to crack down on fraud related to the ...
While the COVID-19 pandemic may feel like a distant memory for many, its effects continue to reverberate for others—particularly for businesses that obtained loans through the Paycheck Protection ...
About 400 government employees investigated by the state of Illinois improperly tapped a federal pandemic relief fund program meant to keep small businesses afloat — part of a nationwide wave of ...
An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...
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