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

Ricky Lee Taylor, a former University of Tennessee at Chattanooga basketball player turned pastor and businessman, has been ...

Federal prosecutors say Rita Shaba “told countless lies” in the case as she is sentenced to 27 months in prison ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

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 ...

They bought Lamborghinis, Ferraris and Bentleys. And Teslas, of course. Lots of Teslas. Many who participated in what prosecutors are calling the largest fraud in U.S. history — the theft of hundreds ...

The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...

The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that were ...

But the program, which tasked banks and other private lenders with processing applications, was beset by fraud from its earliest days in the spring of 2020, with some recent estimates suggesting that ...