The Small Business Administration announced that it has forgiven 80% of the $791 billion in Paycheck Protection Program loans it began issuing in 2020 to businesses across the country to help them ...
Defaulting on an SBA loan is serious; you can face bank levies, wage garnishment and foreclosure. But some cases allow forgiveness. Learn if you qualify.
Shasta County businesses received nearly $387 million in COVID-era Paycheck Protection Plan loans. Most were forgiven by the ...
The Department of Justice said that Birmingham, Alabama-based Regions sought forgiveness from the Small Business Administration for a Paycheck Protection Program loan that the bank should have known ...
An Alabama-headquartered bank with $157.4 billion in consolidated assets has agreed to settle allegations stemming from its ...
Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.
Looking for a warrant list of people accused of PPP loan fraud? There is no public list at this time. But there is a database of all borrowers.
Although it disagreed with the claims, the bank said it settled with the Justice Department this month “with the goal of ...