Only about a quarter of the funding went to jobs that would have been lost, new research found. A big chunk lined bosses’ pockets. By Stacy Cowley Hanging over the $800 billion Paycheck Protection ...

The Paycheck Protection Program (PPP) provided small businesses with roughly $800 billion dollars in uncollateralized, low-interest loans during the pandemic, almost all of which will be forgiven.

The IRS recently issued three revenue procedures (rev. proc.) providing guidance with respect to the timing of tax-exempt income from Paycheck Protection Program loan forgiveness and from certain ...

More thn 84,000 businesses and nonprofits on Long Island received a total of $10.5 billion in loans via the federal government's marquee pandemic-relief initiative, the Paycheck Protection Program, ...

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Elizabeth and Antonio Wellington credit a $20,833 Paycheck Protection Program loan with helping to keep their Elmont trucking company going during the pandemic. Wellie The Transporter LLC secured the ...

The Paycheck Protection Program (PPP) and the PPP Liquidity Facility were launched early in the pandemic to help many small businesses survive. These programs encouraged banks to lend more extensively ...

With most tax returns now across the filing deadline, some investors and their wealth advisors are confronting potential scrutiny of the free money they received during the pandemic. More than $800 ...

WASHINGTON (AP) - Financial technology firms abdicated their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open and keep workers ...

Executives at Womply and Blueacorn, which facilitated millions of Paycheck Protection Program loans, flouted rules and themselves collected improper loans, investigators said. By Stacy Cowley Top ...

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 ...