U.S. Attorney for the Northern District of Texas Leigha Simonton announced Federal charges on June 28 against 14 people who allegedly defrauded the Small Business Administration’s SBA COVID-relief Paycheck Protection Program (PPP) of $53 million. […]
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A new report from the Inspector General (IG) of the Small Business Administration (SBA) finds that the agency did not have clearly defined roles in its organizational structure to manage and handle potentially fraudulent Paycheck Protection Program (PPP) loans authorized by Congress in 2020. […]
The $908 billion emergency COVID relief package debuted Dec. 14 by a bipartisan group of senators proposed another big round of Paycheck Protection Program (PPP) work for the Small Business Administration (SBA), along with a $10 billion lifeline for broadband connectivity and distance learning programs. […]
A House bill introduced this month would allow small businesses who have received Paycheck Protection Program (PPP) loans to use those funds to procure cloud-based solutions. […]