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 ...
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 ...
Congress recently passed the Paycheck Protection Flexibility Act of 2020 and improved the Paycheck Protection Program (PPP) for small business loans. The bill enhances the PPP by increasing the time ...
Beaumont executive Tom Flanagan is indicted on wire fraud charges, accused of misusing over $2.4 million in PPP loans, according to federal prosecutors.
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
The White House included Reps. Marjorie Taylor Greene and Matt Gaetz in a list of Republicans who benefited from PPP-loan ...
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 U.S. Small Business Administration and Treasury Department started the Paycheck Protection Program in response to the coronavirus pandemic. The program offered loans to businesses affected by ...
The U.S. Department of Justice (DOJ) continues to treat Paycheck Protection Program (PPP) loan fraud as an enforcement priority. As we have noted ...
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