A York City tax preparer pleaded guilty to one count of bank fraud for his role in fraudulent Paycheck Protection Program loans. Dommonick T. Chatman admitted to preparing or approving fraudulent PPP ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

The burger chain Shake Shack says it will return a small-business loan it got to help weather the coronavirus crisis after topping up its funding. The company's CEO, Randy Garutti, and its founder ...

The Trump administration’s decision to ban thousands of Minnesotans from U.S. Small Business Administration loans further stokes the fraud allegations that have roiled the state. The borrower ...

A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...

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 ...

Tower, an independent not-for-profit, received a PPP loan somewhere between $150,000 and $300,000 — the only eating club to receive a loan of over $150,000. All 11 of the eating clubs will be closed ...

About 400 government employees investigated by the state of Illinois improperly tapped a federal pandemic relief fund program meant to keep small businesses afloat — part of a nationwide wave of ...

IRVINE, Calif.--(BUSINESS WIRE)--Crestmont Capital (Crestmont), a leader in small business lending, today announced it facilitated more than $740 million in first and second draw Paycheck Protection ...