Administrator Kelly Loeffler said Thursday night that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity regarding COVID-era lending programs. Loeffler said the ...
Banks are getting flooded with applications for a new federal government-backed loan program aimed at helping small businesses endure the Covid-19 pandemic. The $349 billion Paycheck Protection ...
Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota ...
WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...
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 ...
We examine the longer-term effects of the Paycheck Protection Program (PPP) and the PPP Liquidity Facility (PPPLF) on small business (SME) lending using bank-level Call Report data. To identify a ...
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