Two Charleston-area businesses were among the five total who entered into a multi-million dollar settlement with federal ...

The Department of Justice said that Birmingham, Alabama-based Regions sought forgiveness from the Small Business ...

Although it disagreed with the claims, the bank said it settled with the Justice Department this month “with the goal of ...

Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...

The federal Paycheck Protection Program offered emergency financial assistance to businesses during the pandemic. Borrowers were required to certify the truthfulness and accuracy of information ...

A Fort Valley man was sentenced for making false statements during a COVID-19 relief loan back in 2021, according to court ...

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 ...

Congress should make Green Book readiness a precondition for emergency disbursement authority across lending, grant and direct payment programs.

Congress should make Green Book readiness a precondition for emergency disbursement authority across lending, grant and direct payment programs.