CHICAGO (WLS) -- New guidance from the federal government on Payroll Protection Program loans is leaving some small business owners with even more questions. PPP loans can be forgiven if all the rules ...
One of the principal benefits of the Paycheck Protection Program (“PPP”) is that the principal and interest from any loan forgiven is not includable in a taxpayer’s gross income. In what has developed ...
As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans ...
Key Bank has agreed to pay more than $7.7 million to settle allegations that it submitted loan forgiveness applications for Paycheck Protection Program loans it knew were likely fraudulent. The ...
DENVER, Colo. -- President Trump recently approved changes to the Paycheck Protection Program to give small business owners more opportunities to qualify for loan forgiveness. Some owners say even ...
Leland-based Campbell Sales Group, which does business as Leather Italia USA, will pay nearly $1.5 million in restitution and penalties for a PPP loan scheme. The furniture supplier fraudulently ...
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