Two foreign-controlled companies have agreed to pay more than $1.7 million after federal officials said they weren’t eligible for the COVID relief loans they took. Setterstix Inc. and MAE-EITEL Inc.
A co-founder of the lender service Blueacorn was sentenced to 10 years in federal prison and ordered to pay $63 million in ...
Blueacorn co-founder Stephanie Hockridge receives a 10-year sentence for her role in a $63 million PPP loan fraud scheme.
A co-founder of a lender service provider has been sentenced to 10 years in federal prison for her role in a scheme to fraudulently obtain over $63 ...
A co-founder of a lender service provider was sentenced to 10 years in federal prison on Friday, November 21, 2025, for ...
A former Arizona news anchor has been sentenced to 10 years in prison for federal wire fraud conspiracy and ordered to pay ...
TAMPA, Fla. — A federal judge has extended a ban on President Trump's executive order to freeze federal grants, loans, and other financial assistance programs. Since that order was issued last week, ...
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How to Get PPP Loan Forgiveness

The pandemic’s Paycheck Protection Program offered relief to businesses. Here is what you should know about the loan ...
KNOXVILLE — Koide Tennessee, Inc. (“Koide TN”) has paid $2,000,000 to resolve allegations that it violated the False Claims Act by applying for, receiving, and obtaining forgiveness of a loan ...
According to GAO, all open recommendations under the purview of SBA's chief information officer fall under high-risk areas.
A Rockford business has paid $2 million to the federal government to settle allegations that it wrongly applied for and received a Paycheck Protection Program (PPP) loan, which was meant for small ...