despite knowing that borrowers were prohibited from using PPP loan proceeds to make such payments ... from a bank in the ...

James Michael Bergeron was the first person in the San Antonio area to be charged with defrauding the Paycheck Protection ...

Texas allegedly fraudulently obtained a $220,645 Paycheck Protection Program Loan for Plateau Angus Farms in 2020 — but the farm did not exist. Hill reportedly told the PPP lender the fictitious ...

With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...

Last year, fintech firms offered faster service for small businesses to get emergency loans through the PPP. Companies like PayPal are able to streamline the application process because they ...

Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP ...

At the time that the company applied for and received a loan, a certain number ... for the Northern District of Texas. The Paycheck Protection Program (PPP) was created to assist small businesses ...

Editor's note: Congress on Dec. 21 passed the Consolidated Appropriations Act, 2021, which includes language that clarifies the tax treatment of forgiven PPP loans allowing for small businesses to ...

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...