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 ...

Some small businesses that received loans from the government's Paycheck Protection Program during the COVID pandemic were eligible for loan forgiveness, but they decided to repay the money anyway.

On March 27, 2020, the CARES Act was signed into law to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic, including in the form of ...

Fewer than 10% of all Paycheck Protection Program loans remain unforgiven, and the majority of those belong to one-person businesses — companies the program most intended to help. We've been talking ...

The Department of Justice continues to have its task forces throughout the U.S. investigate and prosecute fraudulent use of funds from the Paycheck Protection Program (PPP) and Economic Injury ...

A group of small businesses allege in a new lawsuit that Bank of America left them with unforeseen debt after overstating the amount of their pandemic aid that was eligible for loan forgiveness. In a ...

DALLAS — This story originally appeared in the Dallas Business Journal, a WFAA news partner. Lowell Michelson is frustrated. Michelson, the owner of Simcha Catering and Event Design, recently received ...

The federal government is clawing back relief money it granted to local businesses during the pandemic, after finding that some may have been ineligible for the funds. Two Milwaukee-area businesses ...

A Pennsauken-based business has agreed to pay $2.9 million to settle allegations that it inappropriately accepted COVID-era federal relief funds. But American Furniture Rentals, aka AFR, didn't run ...