The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that were ...

On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...

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The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...

The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...

When COVID-19 began to infect Americans in early 2020, Congress appropriated $787 billion under the Paycheck Protection Program (PPP) to allow businesses and nonprofits to pay employees when they were ...

The Senate cleared changes to the popular Paycheck Protection Program on Wednesday that will allow small businesses more flexibility in using the rescue loan funds. The bill, which passed the House ...

TAMPA, Fla. (WFLA) — Two Florida resort companies have settled with the U.S. Department of Justice and agreed to pay a $325,000 settlement after “knowingly providing false information in support of a ...

Businesses with fewer than 20 employees will get priority to apply for loans. President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...