The shift of the Marcos administration in financing public infrastructure projects toward PPP as against foreign loan financing is ... mitigate the moral hazard problem. Since the private sector ...

It expands the eligible uses of PPP funds, simplifies the forgiveness process for loans of up to $150,000 and allocates $285 billion for a new round of PPP lending, including "second-draw" loans ...

while egregious abuse of federal small business loans – often referred to... Here’s What You Need to Remember: One of the reasons that PPP fraud has been featured so prominently in the news ...

The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...

U.S. District Court Stokes and Townsend also got loans for themselves, according to the indictment, which didn’t say how many people got fraudulent PPP loans, what their total value was or ...

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...

Listen to this article At the height of the COVID-19 pandemic, Timothy A. Taylor told that federal loan assistance ...

The SBA then deposited $5,000 into the bank account. The next month, the DA said Jordan applied for an SBA-guaranteed PPP loan of $291,250 for the same fraudulent business. He claimed he had 18 ...