As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...
COLUMBUS, Ohio (WOIO) - The Ohio Department of Commerce Division of Financial Institutions has issued a consumer alert to residents regarding a scam that’s targeting recipients of Paycheck Protection ...
(NEW YORK) — The federally backed emergency loan program to help hard-hit small businesses, reopened on Monday and — once again — was off to a rocky start with technology glitches reminiscent of those ...
The SBA's Inspector General has highlighted $200 billion in potential fraud as loan defaults rise in Covid-19 relief programs. The agency disagrees. Businesses have defaulted on hundreds of thousands ...
The federal government’s Paycheck Protection Program distributed about 4.9 million loans from April through June to help businesses weather the fallout from the coronavirus. While 86% of participating ...