Xinxin Foot Spa in Penfield, for example, got $2,500 in a PPP loan. Penfield Presbyterian Church got $66,165. A company ...

while egregious abuse of federal small business loans – often referred to... Here’s What You Need to Remember: One of the reasons that PPP fraud has been featured so prominently in the news ...

Users must already have the name of the business owner’s business and have to manually search for it rather than finding it ...

With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...

The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...

Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP ...

Many minority entrepreneurs were left out of the last round of government stimulus aid and PPP loans, because they lacked access and pre-established relationships with traditional lenders.

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...

Editor's note: Congress on Dec. 21 passed the Consolidated Appropriations Act, 2021, which includes language that clarifies the tax treatment of forgiven PPP loans allowing for small businesses to ...