The payment will resolve claims it violated the False Claims Act by falsely certifying eligibility for a second-draw PPP loan ...

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 ...

The company never disclosed its foreign majority ownership or its overseas workforce when it applied for pandemic small ...

Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...

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 House Small Business Subcommittee on Oversight, Investigations and Regulations holds a hearing to examine the challenges ...