A federal investigation blames fintechs for rampant Paycheck Protection Program loan fraud. The resulting report named fintechs and lenders it said failed to screen for fraudulent claims. It could ...

As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...

12:22 p.m. April 17, 2024: An earlier version of this column incorrectly identified Rep. Andrew S. Clyde (R-Ga.) as a Democrat. You may have noticed over the last few days that the political world is ...

An SBA rule has saddled hundreds of thousands of business owners with unforgivable PPP loan balances due to good faith errors. Here's what business owners need to know. Hundreds of thousands of ...

When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...

The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...

Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her successor will inherit 80 more cases still in the pipeline.

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