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 ...

DynPro, Inc., an IT company in Raleigh, settled claims of falsifying information for a PPP loan, agreeing to pay over $2 ...

A Roanoke woman is facing up to thirty years in prison for a pandemic-era Paycheck Protection Program fraud scheme. PPP loans ...

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 ...

An IT solutions company called DynPro, Inc. will have to pay $2,178,254 to resolve a liability for a false Paycheck Protection Program (PPP) loan from the U.S. Small ...

Under the PPP, small businesses could borrow up $10 million from private lenders without collateral, personal guarantees, or fees. These loans don't have to be repaid to the extent they're used to ...

A Jacksonville woman will serve a two-year prison sentence for cheating a pandemic-era loan program and running a credit scam ...

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 ...

PPP loans were intended to help businesses keep employees on the payroll during the pandemic, however the feds say that Carroll didn't use the funding to pay dozens of employees who were out of ...

A Lewiston man received a 12-month federal prison sentence for filing a fraudulent PPP loan application. BANGOR, Maine — A Lewiston man was sentenced Wednesday in U.S. District Court for filing a ...

DynPro, Inc., an IT solutions company based in Raleigh, will pay $2.18 million to resolve its liability for falsely obtaining a Paycheck Protection Program from the U.S. Small Business ...