SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...

Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.

Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.

Ajinomoto Cambrooke, Inc., a company headquartered in Ayer., has agreed to pay $1,360,819.04 to resolve allegations that it violated the False Claims Act by obtaining a Paycheck ...

Westmoor Country Club will pay $1.25 million to the government to settle claims it improperly obtained a loan through the Paycheck Protection Program.

Raisha Kelly, 44, of Loxahatchee, Florida, was sentenced to five years in prison for orchestrating a Paycheck Protection Program fraud scheme. Kelly conspired with 13 others to submit fraudulent loan ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

The sentence comes after Mehlbaurer pleaded guilty on Sept. 24, 2025, to wire fraud and money laundering. Lopez was sentenced ...

Magseis FF LLC paid over $4 million to settle allegations of misrepresenting employee numbers to get a PPP loan.

Millions of small business owners will be turning to the government, seeking help for an individual and nationwide cataclysm, the economic devastation caused by the coronavirus outbreak. The ...

Businesses with fewer than 20 employees will get priority to apply for loans. President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week ...