Businesses with fewer than 20 employees will get priority to apply for loans. President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week ...
The Federal Reserve will backstop the Small Business Administration’s emergency loan program, as lenders continue to work through logistical challenges in disbursing money to Main Street amid the ...
A company in Ayer agreed to pay $1.4 million to resolve claims that it improperly obtained pandemic paycheck relief money, according to federal prosecutors. Ajinomoto Cambrooke Inc., or Cambrooke, ...
Magseis FF LLC paid over $4 million to settle allegations of misrepresenting employee numbers to get a PPP loan.
Refrigeration services company The Articom Group LLC and others won dismissal of a False Claims Act suit alleging fraud under the Covid-19 pandemic Paycheck Protection Program, but they didn’t show ...
The sentence comes after Mehlbaurer pleaded guilty on Sept. 24, 2025, to wire fraud and money laundering. Lopez was sentenced to time served. According to court documents, Mehlbauer and Lopez ...
Westmoor Country Club will pay $1.25 million to the government to settle claims it improperly obtained a loan through the ...