Key Takeaways A third round of Paycheck Protection Program (PPP) loans was authorized by the passage of H.R. 133—Consolidated Appropriations Act, 2021 into law on Dec. 27, 2020.

The companies, Biz2Credit, Inc. and Womply, will pay millions to the FTC to settle allegations they falsely promised fast processing of PPP loan applications.

Two Illinois State Police officers from the Chicago area are suspected of defrauding the federal Paycheck Protection Program that provided loans to businesses struggling during the COVID-19 ...

Anderson allegedly submitted a Paycheck Protection Program (PPP) loan application for Thelma Lou Feb. 4, 2021, that misrepresented the company’s payroll and gross sales information, officials say.

When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get ...

A West Texas man has admitted to defrauding federal programs implemented during the COVID-19 epidemic out of almost $4 million, federal prosecutors announced.

News When PPP Loans Aren't Forgiven, Some Borrowers Are Heading to Court Those who are asking judges to step in include a small New England college, a New Jersey car dealership and a Midwest chain ...