Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...

U.S. federal agencies have begun scrutinizing lenders for potential misconduct when distributing $525 billion in pandemic aid to struggling small businesses, according to half a dozen people with ...

JPMorgan Chase & Co is investigating employees who may have been involved in the misuse of federal funds meant to help small businesses and other customers hurt by COVID-19 shutdowns, according to an ...

The SBA allocated more than $1 trillion through multiple programs to small businesses at the onset of the pandemic. The aftermath of that effort is still playing out. Here's what it means for ...

A Rochester company is paying $1.8 million to resolve allegations that it got loans for the Paycheck Protection Program (PPP) from the Small Business Administration (SBA) when they weren’t eligible ...

Jared Dean Eakes, 34, of Jacksonville, Fla., faces a maximum of 50 years in prison, after entering a guilty plea to wire fraud and bank fraud on Monday, according to the U.S. Attorney's Office for the ...

Seven adults, Lori Jackson, 63, Saidrick Jackson, 61, Saidrick Jackson II, 36, Saundria Jackson, 36, D’Andria Todd, 46, Bianca Williams, 33, and Valencia Williams, 53, admitted to conspiracy and wire ...

Rahshone Burnett, 47, of west suburban Westchester, was charged last month with stealing money from the federal pandemic ...

The United States Attorney’s Office Northern District of Indiana announced 29-year-old Jade Price was sentenced after pleading guilty to Wire Fraud.

A Milledgeville woman was convicted of wire fraud conspiracy and money laundering in a $2 million PPP loan scheme. She faces up to 20 years in prison.