Plus, the SBA loan application process is detailed and requires extensive documentation. If you need capital quickly, you’ll want to consider a faster small-business loan alternative.

Acting U.S. Attorney Justin Whatcott announced Miguel Vittorio, Yessenia Casillas and Luis Vasquez pleaded guilty to bank ...

Daniel Dadoun, 48, a former South Plainfield resident who now lives in Israel, pleaded guilty to the federal charges of bank fraud and money laundering, the U.S. Attorney’s Office District of New ...

Efforts to defraud the program were substantial. According to the Inspector General’s 2022 report, at least 70,000 PPP loans were potentially fraudulent. [1] The Small Business Administration recently ...

The Small Business Administration recently announced changes to its small business size standards, which govern whether a ...

The automotive retailer was accused of falsely certifying its dealerships’ eligibility for Paycheck Protection Program (PPP) loans to the United States Small Business Administration (SBA).

The United States also alleged that Lake Ridge applied for a PPP loan and certified on its application that it was eligible to receive a loan under the rules in effect at the time the application ...

The settlement stems from claims that Chambers and his companies violated the False Claims Act by falsely certifying their eligibility for forgivable PPP loans meant to support struggling small ...

A bank initially canceled loans that the eight companies applied for due to the $20 million cap. But a second bank provided the PPP financial assistance to the businesses when they reapplied ...

You can contact the bank where you have your business account to see whether it can facilitate the submission of your PPP Loan application, and you should visit the SBA's Economic Injury Disaster Loan ...

Herb Chambers, one of the most prominent auto dealers in the United States, along with several affiliated companies and a corporate officer, has agreed to pay $11.8 million to resolve Paycheck ...

Longtime car dealership owner Herb Chambers, several of his companies and another executive at the company have agreed to pay $11.8 million to resolve allegations that the companies falsely ...