SBA, Minnesota and say borrowers
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SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean up criminal networks. YouTuber Nick Shirley exposes misuse of federal aid,
About 400 government employees investigated by the state of Illinois improperly tapped a federal pandemic relief fund program meant to keep small businesses afloat — part of a nationwide wave of Paycheck Protection Program fraud that siphoned tens of billions of dollars from taxpayers during the COVID-19 pandemic.
KNOXVILLE, Tenn. (WATE) — A Rockford business has paid $2 million to the federal government to settle allegations that it wrongly applied for and received a Paycheck Protection Program (PPP) loan, which was meant for small businesses during the COVID-19 ...
The Small Business Administration Office of Inspector General reviewed PPP regulations and the Paycheck Protection Program and Health Care Enhancement Act, in addition to guidance published in SBA’s PPP Interim Final Rules and PPP Frequently Asked Questions.