A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...
As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...
Three companies based in North America but owned by Chinese government-run enterprises have agreed to pay more than $21.6 million to the United States. This payment settles allegations that they ...
A federal investigation into a loan given to a Beverly Hills, Michigan, man during the coronavirus pandemic has led to a federal indictment, unsealed on Aug. 5, against 45-year-old Jabari Kadar Long.
The founders of a financial technology firm that arranged pandemic relief loans for thousands of small businesses nationwide — including more than 3,200 on Long Island — are each facing up to 20 years ...