The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...
The federal Paycheck Protection Program offered emergency financial assistance to businesses during the pandemic. Borrowers were required to certify the truthfulness and accuracy of information ...
A Michigan business has paid over $1.4 million to settle allegations with the federal government that it falsely claimed eligibility for loan forgiveness under the Paycheck Protection Act. The case ...
Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...
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Medical group to pay almost $2.9M to settle allegations of pandemic loan forgiveness exploitation
A Virginia medical group will pay nearly $2.9 million to settle allegations that it falsely reported payroll costs to exploit a pandemic-era loan forgiveness program. Fairfax Radiological Consultants, ...
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