Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.

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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, ...

Some $76 billion of the program’s $800 billion in loans may have been taken improperly, a new paper concludes. By Stacy Cowley When the Paycheck Protection Program began last year to help small ...

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 is one of the most successful government programs ever created. It distributed $800 billion of forgivable loans during the once-in-a-century pandemic to over six ...

A new congressional report finds that financial technology companies enabled fraud in the Paycheck Protection Program, which gave forgivable loans to small businesses during the pandemic. Rampant ...

Officials still cannot say exactly how many billions of dollars in Paycheck Protection Program loans fraudsters made off with in the past couple of years, but they know it is a lot. Reports and ...

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.

A California nursing home chain must pay $18 million for allegedly submitting false information on Paycheck Protection Program loan applications and loan forgiveness applications, despite being ...

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo today announced it provided approximately 282,000 Paycheck Protection Program (PPP) loans through its 2020 and 2021 lending to support small businesses ...

The U.S. Small Business Administration and Treasury Department started the Paycheck Protection Program in response to the coronavirus pandemic. The program offered loans to businesses affected by ...