In May 2021, Terry Kilcrease thought he saw a lifeline. He was out of work, living in a hotel in Lewisville, Texas, when he ran across a promising ad on Facebook. People who worked for themselves, it ...

Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...

Gregory A. DeLine has been accused of using fake employees to receive loans through the Paycheck Protection Program in 2020.

Since the second round of funding for the Small Business Administration’s Paycheck Protection Program (PPP) launched on April 27, Virginia banks have processed more than 46,000 loan applications for ...

When the United States Treasury first announced plans on March 27 to grant small businesses $349 billion in forgivable loans, known as the Paycheck Protection Program (PPP), it sounded like a powerful ...

An online bank — credited with awarding government-backed loans to the smallest businesses during the pandemic on Long Island and elsewhere — has agreed to pay up to $120 million to settle fraud ...

Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses ...

"If you are a bank employee and you know what we are talking about, please call us at 866-714-6466. We typically can help you prove the PPP fraud. What we are talking about is super easy to prove.” — ...

IRVINE, Calif. (KABC) -- An Irvine man allegedly obtained about $5 million in federal coronavirus-relief loans for his fake businesses and then spent the funds on himself, including buying Ferrari, ...

Timberline Bank is offering interest-free loans to furloughed federal workers during the ongoing federal government shutdown.

WEST PALM BEACH, Fla. (CBS12) — A West Palm Beach man was arrested for reportedly swindling over $347,000 in federal COVID-19 relief funds back in 2021. Authorities said Johnley Jorcilien, 32, made up ...