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 ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

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 ...

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.

A Cincinnati man has been charged with wire fraud as part of a scheme to fraudulently obtain a Covid relief loan, according to the U.S. Attorney for the Southern District of Ohio's office.According to ...

As the coronavirus swept across the country, two South Florida women teamed up to steal more than $800,000 in federal government loans that were meant to help small businesses survive the economic ...

Mid Penn Bank filed breach of contract lawsuit against Prince Preferred Hotels Natchez's application for a Paycheck Protection Program (PPP) loan after the defendant allegedly failed to disclose that ...

The Solano-Napa SBDC is offering 6 percent fixed interest rate loans to small business owners in Solano County between $25,000 and $125,000. Applicants must have a minimum credit score of 630 and the ...

TAMPA, Fla. (WFLA) — Two Florida resort companies have settled with the U.S. Department of Justice and agreed to pay a $325,000 settlement after “knowingly providing false information in support of a ...