Sandeep Grover had faced more than 12 years in prison for allegedly filing false Paycheck Protection Program loan ...

For Carlos Ortez, 58, owner of Un Solo Sol in Los Angeles, PPP’s requirement that 60% of the loan be used for payroll fails to consider the other bills that have to be paid to keep his ...

A founder of a lending service company has pleaded guilty to a serious crime involving fake loans tied to the COVID-19 relief ...

Hockridge-Reis, 42, was found guilty on one count of conspiracy to commit wire fraud in June by a jury in the Northern ...

More than 11.6 million PPP loans, totaling $796 billion, have been made since the program started in April 2020. About $274 billion of those were made between January and May 23, according to the ...

To look at the potential for fraud in the program, the researchers analyzed more than 10 million PPP loans that provided more than $780 billion, using various indicators that loan information may ...

Of the 5.2 million PPP loans made in 2020, about 2.9 million have been forgiven, according to the SBA. But, for some borrowers, experts say the road could drag out for years.

Shuffle received a Paycheck Protection Program loan of $52,000. The government's new Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act allows previous PPP loan recipients to ...

"Today’s passage to extend the authorization of the PPP loan program is good news for those owners who can take advantage of the extra time," said Kevin Kuhlman, vice president of federal ...