Shasta County businesses received nearly $387 million in COVID-era Paycheck Protection Plan loans. Most were forgiven by the ...

Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...

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 ...

Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower ...

An Alabama-headquartered bank with $157.4 billion in consolidated assets has agreed to settle allegations stemming from its ...

Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.

The Paycheck Protection Program (PPP), originally part of the March 27, 2020, CARES Act, has undergone several changes since its inception, including June’s PPP ...

Although it disagreed with the claims, the regional bank said it settled with the Justice Department this month “with the goal of closing this chapter and moving on.” ...