The U.S. Small Business Administration, responding to a congressional investigation into fraudulent Paycheck Protection Program loans, has stopped working with two companies that were supposed to help ...

Prosecutors say the settlement resolves serious allegations under the False Claims Act. Here's how much they'll pay.

As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...

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A federal investigation blames fintechs for rampant Paycheck Protection Program loan fraud. The resulting report named fintechs and lenders it said failed to screen for fraudulent claims. It could ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

Businesses with fewer than 20 employees will get priority to apply for loans. President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week ...