U.S. Small Business Administration Secretary Kelly Loeffler says the federal government is aggressively pursuing alleged ...

As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...

The checks may take weeks to get to everyone who is eligible. It took about two weeks for a nation of desperate small businesses to use up all of the approximately $350 billion in Paycheck Protection ...

Looking for a warrant list of people accused of PPP loan fraud? There is no public list at this time. But there is a database of all borrowers.

FIRST ON FOX: A man who used government loans meant to provide financial relief to small businesses pleaded guilty to defrauding taxpayers of more than $1 million for a company he claimed operated an ...

Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.

The DOJ is pursuing False Claims Act cases against employers who accepted PPP loans in good faith seeking repayment of up to ...

WASHINGTON — In coordination with the White House Task Force to Eliminate Fraud, the U.S. Small Business Administration (SBA) announced that it has referred 562,000 suspected fraudulent loans to the U ...

Although it disagreed with the claims, the regional bank said it settled with the Justice Department this month “with the ...

Money has began to flow into the accounts of some local small businesses as part of a new type of federal loan designed to help retain workers amid the COVID-19 pandemic. This comes as area banks have ...