PAYMENT Protection Program (PPP) loans are taxpayer dollars being given back to small businesses to support them and their workers as they hemorrhage money due to coronavirus. With 22 million ...

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

Banks in charge of handling the payment protection program funds made $10 billion in fees by processing the loans, even though many small businesses were shut out of receiving the grants. Federally ...

Among the many problems besetting the Paycheck Protection Program have been concerns that some of the companies hardest hit by the COVID-19 pandemic-- specifically very small and minority-owned ...

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...

Democrats and Republicans have still not reached a deal for legislation to expand the payment protection program – even though lawmakers and White House officials claimed Sunday they were hopeful a ...

The Federal Reserve will backstop the Small Business Administration’s emergency loan program, as lenders continue to work through logistical challenges in disbursing money to Main Street amid the ...

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A South Jersey health system is paying $3.1 million to settle allegations that it improperly took a loan from the federal Paycheck Protection Program during the Covid era. The payment by Shore Medical ...

Billionaire Herb Chambers will pay $11.8 million to settle allegations that his companies improperly obtained Paycheck Protection Program (PPP) loans. Chambers' companies allegedly sought loans ...