“The government cannot function without the support of the PPP. There is no truth to the speculations against President ...

The PPP data can be filtered for names, addresses, lenders, dollar amounts, and a few other details. It's just enough information to raise suspicions, but not enough to prove them.

Tens of thousands of fraudsters splurged on Lamborghinis, vacation homes, private jet flights and Cartier jewelry by fleecing the PPP loan system in a $200 billion heist — and did it because the ...

These new rules will cause significant hardship for borrowers whose PPP loan documents do not prevent assignment, and for those who simply would not have known that there were transfer rules.

The PPP was intended to help enable small businesses and professionals to keep their employees on payroll, and to pay utilities, rent, interest, health insurance and pension contributions.

However, the two programs rely on different laws. PPP was authorized as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in March 2020.

Bank of America, the top PPP lender by number of loans, sent half to the nation’s highest-income ZIP codes — well above those areas’ share of small employers. Just 8% of its loans went to the ...

Legal proceedings have been initiated against the Department of Housing after it pulled out of a public-private partnership ...

The PPP program bailed out the Georgia-based online lender, which went from furloughing employees in March 2020 to being an appealing takeover target in a matter of months thanks in part to the $7 ...

PPP fraud suspected of 5 more Cook County workers, including woman who used money to pay for daughter’s wedding, report says Interim Cook County Inspector General Steven Cyranoski says, over the ...

PPP Fraud: Some Lenders Were Bank Robbers, Congressional Investigators Say The SBA will cease working with fintechs Womply and Blueacorn, as it also investigates a handful of other firms ...

The controversy surrounding the PPP, which supports businesses with 500 employees or fewer, has a lot to do with a disconnect between the program’s design and how Americans think about business ...