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Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

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

Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...

The United States Department of Justice (“DOJ”) has intensified civil fraud investigations aimed at borrowers who obtained Paycheck Protection Program (“PPP”) loans despite falling outside the class ...

The Harvard Club of Boston has agreed to pay $2.4 million to settle allegations that it improperly obtained a federal Paycheck Protection Program loan during the COVID-19 pandemic. The club, which is ...