The Paycheck Protection Program (PPP) was created at the height of the COVID-19 pandemic to provide financial aid for small ...

As federal contractors continue to navigate the post-pandemic compliance landscape, a recurring issue has emerged in government audits and incurred cost reviews: whether and how contractors must ...

U.S. District Court Judge Michael W. Fitzgerald granted a summary judgment saying JMG Investments Inc., a corporation that ...

The Paycheck Protection Program (PPP) provided much-needed relief to businesses of all sizes in 2020 and 2021. First-draw PPP loans were available for up to $10 million, and second-draw loans for up ...

A rehab center and its owner were ordered to pay over $1.5m for violating the False Claims Act with PPP loans.

One of the principal benefits of the Paycheck Protection Program (“PPP”) is that the principal and interest from any loan forgiven is not includable in a taxpayer’s gross income. In what has developed ...

CHICAGO (WLS) -- In Illinois, nearly 70,000 small business owners got loans from the federal government before Payroll Protection Program funds were exhausted, and some are now wondering how those ...

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

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 ...

The burger chain Shake Shack says it will return a small-business loan it got to help weather the coronavirus crisis after topping up its funding. The company's CEO, Randy Garutti, and its founder ...

The technology glitches were reminiscent of those that plagued the first phase. The federally backed emergency loan program to help hard-hit small businesses, reopened on Monday and -- once again -- ...

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