A Faulkner County woman who admitted to defrauding two lenders out of more than $40,000 in Paycheck Protection Plan money during the covid-19 pandemic was sentenced to serve three years' probation -- ...

On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...

BALTIMORE (WBFF) — A federal grand jury indicted a Baltimore man for using his business to get COVID a paycheck loan that he should not have received, according to prosecutors. ALSO READ -$100 billion ...

BLOOMINGTON — A 26-year-old Bloomington woman was arrested after police accused her of defrauding several thousands of federal loan money. Justice J. Watkins appeared in a Thursday bond court hearing ...

Marc Andrew Martin, 46, a Detroit resident, pleaded guilty to a one-count charge of fraud conspiracy in a $14 million Paycheck Protection Plan loan fraud scheme.

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. This isn't the way the business rescue plan was supposed to work. Millions of small businessmen and women ...