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.

The Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has proven to be very popular with businesses and nonprofit organizations throughout ...

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 ...

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 ...

KNOXVILLE, Tenn. (WATE) — A Rockford business has paid $2 million to the federal government to settle allegations that it wrongly applied for and received a Paycheck Protection Program (PPP) loan, ...

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 ...