As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...

A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...

The burger chain Shake Shack says it will return a small-business loan it got to help weather the coronavirus crisis after topping up its funding. The company's CEO, Randy Garutti, and its founder ...

Businesses in Arizona and the nation are rushing to apply for Small Business Administration loans to keep afloat through shutdowns related to the new coronavirus pandemic, but the massive assistance ...

The Paycheck Protection Program was a lifeline for small businesses struggling to keep their employees paid during the COVID-19 pandemic. But for business owners who failed to include all applicable ...

45-year-old Jabari Kadar Long was arrested Aug. 5 A federal investigation into a loan given to a Beverly Hills, Michigan, man during the coronavirus pandemic has led to a federal indictment, unsealed ...