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 ...
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 ...
Tampa Free Press on MSN
SBA drops hammer on Minnesota: 6,900 borrowers suspended in $400M fraud probe
In a sweeping late-night move on Thursday, Small Business Administration (SBA) Administrator Kelly Loeffler announced the ...
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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