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The SBA is seeing more and more lenders submit delinquent PPP loans to be purchased by the agency — but that doesn't mean borrowers are off the hook. The number of Paycheck Protection Program ...
A Knoxville-based business has paid more than $1.4 million to settle allegations that it received and obtained forgiveness ...
The IG stressed much of the defaulted PPP loans or EIDL loans were potentially fraudulent, claiming the “allure of easy money” in the relief programs attracted an overwhelming number of ...
Since the initial deadline, another 65,261 loans had been approved as of July 17, but the number of PPP loans topping $1 million decreased by 919, from 82,708 to 81,789.