The federal government’s Paycheck Protection Program distributed about 4.9 million loans from April through June to help businesses weather the fallout from the coronavirus. While 86% of participating ...
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 ...
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$400M COVID loan scam sparks biggest SBA blacklist in US history
The federal government has frozen a vast swath of COVID-era aid in Minnesota, triggering what officials describe as the largest mass suspension of Small Business Administration borrowers in U.S.
The Paycheck Protection Program distributed more than one loan to over 4,000 borrowers in 2020. From April to August, it issued 8,731 duplicate loans totaling about $692 million, a watchdog found. Of ...
Suffolk OTB is suing the federal government because its $4 million pandemic relief loan wasn’t forgiven while those of four other off-track betting corporations in the state were, according to court ...
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