Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.

Ajinomoto Cambrooke, Inc., a company headquartered in Ayer., has agreed to pay $1,360,819.04 to resolve allegations that it violated the False Claims Act by obtaining a Paycheck ...

A new state report has found that hundreds of Illinois public employees improperly cashed in on federal pandemic relief funds ...

Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

A married couple who founded a PPP lender service provider is facing a federal indictment in connection with a scheme to fraudulently obtain COVID relief money. Reis and Hockridge launched a company ...

This Admin will not continue to hand out blank checks to fraudsters – and we will not rest until we clean up the criminal ...

The Paycheck Protection Program (PPP) provided much-needed relief to businesses of all sizes in 2020 and 2021. First-draw PPP loans were available for up to $10 million, and second-draw loans for up ...

There could be fewer lenders for a potential round 2 of PPP loans. Small businesses should expect fewer lenders to participate in a second round of Paycheck Protection Program loans. PPP loan experts ...

With many small businesses struggling to maintain their financial reserves during COVID-19, Bank of America, JPMorgan Chase and Wells Fargo were the U.S. lenders that originated the highest number of ...