LaFontaine Management Inc. obtained Paycheck Protection Program (PPP) loans from the U.S. Small Business Administration (SBA) by falsely representing the number of its employees and claiming to ...

Chatman, 50, of York, pleaded guilty before U.S. District Judge Malachy E. Mannion to one count of bank fraud tied to false ...

WASHINGTON, D.C. (NEXSTAR) – The US Treasury Department has finally made its Paycheck Protection Program public. Hedge funds, development corporations, large restaurant groups, all among the nearly 5 ...

A York City tax preparer pleaded guilty Thursday to one count of bank fraud in connection with numerous fraudulent loan ...

Thousands of minority-owned small businesses were at the end of the line in the government's coronavirus relief program as many struggled to find banks that would accept their applications or were ...

Congress has approved a third, $284 billion round of PPP loans. While companies that did not get loans previously have another chance at help, according to a draft of the legislation, businesses ...

The SBA's Paycheck Protection Program crossed two years and millions of separate loans. In 2021 it reached more Black and women business owners. The Small Business Administration’s Paycheck Protection ...

A Canadian molder with U.S. operations in Michigan and Indiana has agreed to pay more than $3.6 million to settle claims it improperly secured a federal Paycheck Protection Program loan. The deal ...

BOCA RATON, Fla., April 20, 2020 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek Small ...

BOCA RATON, Fla., May 04, 2020 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek Small ...

December 08, 2020, 9:43 AM ESTBanking & Financial Services December 08, 2020, 8:32 AM ESTBanking & Financial Services December 02, 2020, 5:36 PM ESTBanking & Financial Services December 09, 2020, 10:1 ...

Since March, in four separate pieces of congressionally approved legislation including the CARES Act, the federal government has spent more than $810 billion backing small business loans to help ...