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

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...

La Baguette, a French bakery located at 170 Stanford Shopping Center, unlawfully applied for and received two loans through the Paycheck Protection Program (PPP) and later asked for and received ...

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 ...

Nirmala Sitharaman focuses on infrastructure spending and public-private partnership as part of the "Investment as a third ...

Two family members have been sentenced to prison for their involvement in a scheme to defraud the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program. According to ...

The federally-funded Paycheck Protection Program (PPP) dried up on April 16 and was replenished on April 24 with an additional $310 billion in forgivable loans — but it still may not be enough.

FORT WORTH, Texas — A Mansfield businesswoman has been sentenced to more than seven years in federal prison for her role in a scheme to fraudulently obtain approximately $8.5 million in Paycheck ...

The SBA then deposited $5,000 into the bank account. The next month, the DA said Jordan applied for an SBA-guaranteed PPP loan of $291,250 for the same fraudulent business. He claimed he had 18 ...

Starks reported false payroll information and tax documentation of businesses owned by her and her husband while submitting PPP loan applications, according to the attorney's office. Starks ...