Federal prosecutors claim that Carl Delano Torjagbo siphoned millions in Paycheck Protection Program (PPP) funds and filed fraudulent tax returns to generate tax refunds.

Trump SBA suspends over 111,000 California borrowers in massive fraud crackdown involving $9 billion in suspected pandemic ...

Small Business Administration (SBA) Administrator Kelly Loeffler announced Friday her agency has suspended 111,620 borrowers ...

Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that the agency has suspended 111,620 California borrowers amid suspected ...

WASHINGTON - A loan program meant to help small businesses stay afloat and pay their employees has returned five months after its first two rounds of funding ended. The U.S. Small Business ...

The Paycheck Protection Program (PPP) was created at the height of the COVID-19 pandemic to provide financial aid for small ...

QP Holdings LLC, a Fort Smith-based plastic engineering company, will be required to pay back $3.3 million worth of Paycheck ...

As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her ...

Three men from the Kansas City metro were indicted by a federal grand jury last week for fraudulent PPP loans.

The SBA will begin accepting Shuttered Venue Operators Grant applications on April 8. Entities interested in applying can sign up for updates via a splash page for the new SVOG application portal. The ...