Westmoor Country Club will pay $1.25 million to the government to settle claims it improperly obtained a loan through the ...

Jason L. Hemingway, 47, faces two counts each of bank fraud and making false statements on loan applications, plus three ...

The U.S. Attorney's Office alleges Jason Hemingway fraudulently obtained more than $316,000 in PPP loans and used it for ...

Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

Three Chinese-owned companies have agreed to shell out $7.3 million to resolve allegations they submitted false claims in ...

A married couple who founded a PPP lender service provider is facing a federal indictment in connection with a scheme to fraudulently obtain COVID relief money. Reis and Hockridge launched a company ...

The management company that owns the Michigan-based LaFontaine Automotive Group has agreed to pay $1.5 million to settle ...

Westmoor Country Club has agreed to pay $1.25 million to resolve allegations that the business illegally obtained a PPP loan.

Jason L. Hemingway was indicted in federal court for allegedly obtaining $316,062 through fraudulent Paycheck Protection ...

There could be fewer lenders for a potential round 2 of PPP loans. Small businesses should expect fewer lenders to participate in a second round of Paycheck Protection Program loans. PPP loan experts ...

With many small businesses struggling to maintain their financial reserves during COVID-19, Bank of America, JPMorgan Chase and Wells Fargo were the U.S. lenders that originated the highest number of ...