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Lenders with less than $1 billion in assets have special access to the Paycheck Protection Program from 4 p.m. to 11:59 p.m. on Wednesday, per an announcement by U.S. Small Business Administration ...

A federal investigation blames fintechs for rampant Paycheck Protection Program loan fraud. The resulting report named fintechs and lenders it said failed to screen for fraudulent claims. It could ...

Regions Bank has agreed to pay a $4.9 million settlement to the Department of Justice in a case involving a COVID-19 relief ...

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Defendants pleaded guilty to conspiracy. PPP loans were designed to help small businesses keep their workers on payroll during the Covid-19 pandemic. While loans were obtained from various lenders, ...

Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.

A local chamber of commerce, two country clubs and a Wapello County nonprofit are among 40 Iowa organizations facing federal fraud allegations over Paycheck Protection Program loans ...

Some of the most prolific online lenders in the federal Paycheck Protection Program had remarkably lax fraud protection controls even as they approved billions of dollars worth of loans in the ...

The second, $900 billion COVID-19 relief package includes some changes to the Paycheck Protection Program for small businesses, which are continuing to be battered because of the pandemic. Many of ...