The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...
Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...
Businesses that received Paycheck Protection Program (PPP) loans of $150,000 or less through participating lenders can apply for loan forgiveness online through the U.S. Small Business Administration.
Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...
Paula Wethington is a digital producer at CBS Detroit. She previously held digital content roles at NEWSnet, Gannett/USA Today network and The Monroe News in Michigan. She is a graduate of the ...
A California nursing home chain must pay $18 million for allegedly submitting false information on Paycheck Protection Program loan applications and loan forgiveness applications, despite being ...
One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
The United States Department of Justice (“DOJ”) has intensified civil fraud investigations aimed at borrowers who obtained Paycheck Protection Program (“PPP”) loans despite falling outside the class ...
JACKSONVILLE, Fla. – A 30-year-old Jacksonville woman pleaded guilty on Tuesday to several charges including wire fraud involving the COVID-19 Paycheck Protection Program (PPP), according to the ...
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Medical group to pay almost $2.9M to settle allegations of pandemic loan forgiveness exploitation
A Virginia medical group will pay nearly $2.9 million to settle allegations that it falsely reported payroll costs to exploit a pandemic-era loan forgiveness program. Fairfax Radiological Consultants, ...
Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower ...
IRVINE, Calif.--(BUSINESS WIRE)--Crestmont Capital (Crestmont), a leader in small business lending, today announced it facilitated more than $740 million in first and second draw Paycheck Protection ...
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