Search

… false claims to obtain Paycheck Protection Program (PPP) loans for which they were not eligible. Congress created the PPP in March 2020 to provide emergency financial assistance … Attorney’s Office takes seriously its obligation to combat fraud and protect American taxpayers.” The civil settlement …

… and retained more than one Paycheck Protection Program (PPP) loan prior to Dec. 31, 2020, in violation of PPP rules. The District Court ordered Schwartz and his … law enforcement agencies to recover the product of this fraud as well as penalties,” said SBA General Counsel Wendell …

… was sentenced today to 18 months’ imprisonment for wire fraud and money laundering after he engaged in a scheme to … and obtaining $437,230 in Paycheck Protection Program (PPP) Loan proceeds. The COVID-19 PPP Loans were provided to small businesses for funding to …

… for changes of ownership of an entity that has received a PPP loan. Procedural notice 5000-821918 On October 2, 2020, … entity that has received a Paycheck Protection Program (“PPP”) Loan. The purpose of this Notice is to extend that … to entities that have received First and Second Draw PPP Loans (a “PPP Borrower”). Office of Capital Access …

… keep yourself and your business safe from scams targeting PPP and EIDL borrowers. U.S. Small Business Administration … have been known to target Paycheck Protection Program (PPP) and COVID-Economic Injury Disaster Loan (EIDL) borrowers … on how to avoid scams, visit the  SBA’s Scams and Fraud Alerts .  Need Help? For questions about your PPP loan, …

… (SBA’s) implementation of the Paycheck Protection Program (PPP). Based on this ongoing work, we produced a flash report … further inform stakeholders of SBA’s implementation of the PPP. Section1102, created the PPP under section 7(a) of the Small Business Act, and the PPP …

… $628,307 from a COVID-19 Paycheck Protection Program (PPP) Loan in 2021 by submitting a fraudulent loan application in the name of his business. The COVID-19 PPP Loans were provided to small businesses for funding to … Torre, 42, of Draper, Utah, pleaded guilty to wire fraud, and possession of stolen mail on April 10, 2025. In …

… to claims; false, fictitious, or fraudulent claims; wire fraud and attempted wire fraud; bank fraud and attempted bank … to obtain a loan under the Paycheck Protection Program (PPP), which provided low-interest, forgivable loans to help … of a fake business that received more than $700,000 in PPP funds. Mery Babayan, 32, a.k.a. “Mery Diamondz,” of Van …

… Administration announces its Paycheck Protection Program (PPP) has approved 1,035,086 loans for a total amount of … loan dollars and the total number of loans made since the PPP began accepting applications. “Increasing access to … efforts to help small businesses. Lending volume under the PPP program speaks highly of the commitment of the SBA and …

… $177,030 in COVID-19 Paycheck Protection Program (PPP) Loans, along with her codefendant, Timothy Lopez, which … $48,507 is to be paid jointly with Lopez. The COVID-19 PPP Loans were provided to small businesses for funding to … Mehlbaurer pleaded guilty on September 24, 2025, to wire fraud and money laundering. Her codefendant, Lopez was …

… within SBA by statute to deter and detect waste, fraud, abuse and inefficiencies in SBA programs and … conducts numerous criminal investigations to identify fraud and other wrongdoing throughout the country, and issues … interest in my testimony is primarily to learn about fraud in SBA preferential contracting programs (such as the …

… announced that it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for … at 9 a.m. ET through to Sunday, Jan. 17.   Last week, the PPP provided dedicated access to community financial … businesses,” said SBA Administrator Jovita Carranza. “The PPP is off to another great start helping our nation’s …

… June 12, 2020 Summary of Paycheck Protection Program (PPP) lending through June 12, 2020. Report State-by-state report of approved PPP lending as of 06-12-20. Effective: June 12, 2020 | File … | Download .pdf for / June 12, 2020 Related programs: PPP Remove download button Off …

… on the procedures for completing whole loan sales of PPP loans between participating lenders. Procedural notice 5000-20024 Learn about whole loan sales of PPP loans between participating lenders. Office of Capital … 103KB | Download .pdf for / May 1, 2020 Related programs: PPP Activity Secondary market Servicing Remove download …

… Paycheck Protection Program Report through April 13, 2020 PPP Approvals through April 13, 2020 Report Paycheck Protection Program (PPP) lending through April 13, 2020. Office of Capital Access … | Download .pdf for / April 13, 2020 Related programs: PPP Remove download button Off …

… Report through May 30, 2020 Paycheck Protection Program (PPP) Report through May 30, 2020. Report Paycheck Protection Program (PPP) Report through May 30, 2020. Effective: May 30, 2020 | … 595KB | Download .pdf for / May 30, 2020 Related programs: PPP Remove download button Off …

… pleaded guilty on Jan. 15, 2025, to one count of bank fraud and one count of wire fraud arising out of two Paycheck Protection Program (PPP) loans she obtained.  The PPP was administered by the SBA as part of the Coronavirus …

… 2019: 2019 gross receipts minus 2020 gross receipts minus PPP loan amounts Calculation 2 - for applicants that began … gross receipts x 12) minus 2020 gross receipts minus PPP loan amounts Calculation 3 - for applicants that began … minus 2021 gross receipts (through March 11, 2021) minus PPP loan amounts For those entities who began operations …

… Business Concerns SBA Paycheck Protection Program (PPP) Guidance on Accessing Capital for Minority, Underserved, … | Download .pdf for 2 / January 6, 2021 Related programs: PPP Remove download button Off … SBA Paycheck Protection Program (PPP) Guidance on Accessing Capital for Minority, Underserved, …