A now-former Virginia delegate fraudulently obtained around $83,000 in COVID-19 relief funds, according to court documents.

Requirements vary by lender, but typically, business owners need to provide two to three years of business returns, along ...

The U.S. Small Business Administration (SBA) is reminding eligible small businesses and private nonprofit (PNP) organizations ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

The current quarter’s net loss was driven by higher provision expense and $12.4 million in one-time charges, including a restructuring charge of $7.3 million, as a result of the exit from the SBA 7(a ...

[TORRANCE, CALIFORNIA] – For nearly five years since the COVID-19 crisis began, the Department of Justice (DOJ) has been vigorously pursuing businesses accused of abusing the Paycheck Protection ...

Lender requirements can vary from lender to lender, so you may want to compare multiple lenders before making a decision The Small Business Administration (SBA) offers loan programs to fund small ...

A lawsuit unsealed in federal court last month alleges dozens of South Florida’s most luxurious country clubs and homeowners associations – including one in Key Biscayne – improperly got as much as ...

WASHINGTON, Aug. 29, 2023 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration (SBA) formally announced today its “Investing in America: Small Business Tools and Resources” series, a new ...

Mid Penn Bank filed breach of contract lawsuit against Prince Preferred Hotels Natchez's application for a Paycheck Protection Program (PPP) loan after the defendant allegedly failed to disclose that ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The loans were given out as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act. The intention of the program, which ended in May 2021, was to save jobs and businesses. While just ...