Search

… false information to obtain Paycheck Protection Program (PPP) loans and loan forgiveness. The companies are part of a global conglomerate … controller and also in its human resources department. The PPP was launched through the Small Business Administration …

… the Paycheck Protection Program. Report 21-09 OIG reviewed PPP regulations and the Paycheck Protection Program and … Act, in addition to guidance published in SBA’s PPP Interim Final Rules and PPP Frequently Asked Questions. We determined SBA did not …

… guaranty purchase process for Paycheck Protection Program (PPP) loans. The Coronavirus Aid, Relief, and Economic Security (CARES) Act established the PPP to provide guaranteed SBA loans for eligible businesses, … We assessed whether SBA reported and referred charged-off PPP loans to commercial credit reporting agencies and the …

… (SBA) and $2,999,995 in Paycheck Protection Program (PPP) funds from an SBA-approved lender.  The information … further alleges that Trenkle submitted two fraudulent PPP loan applications, and also submitted fraudulent applications for PPP loan forgiveness for each PPP loan. The Coronavirus Aid, Relief, …

… made several reforms to the Paycheck Protection Program (PPP) to further ensure small businesses get the help they … fewer than 20 employees could apply for relief through the PPP. This period was to give lenders time to focus on … loan debt, allowing them access to new PPP loans and forgiveness from the last round of PPP. Tens of thousands of …

… programs – including the Paycheck Protection Program (PPP) and COVID Economic Injury Disaster Loans (EIDL), as well … one of the four pandemic-era relief programs, most notably PPP, was associated with lower rates of job loss and business … resulted in increased participation, most significantly in PPP, by the smallest and youngest businesses – helping to …

… of Round 2 funding for the Paycheck Protection Program (PPP) to be lent exclusively by Community Development … These dedicated funds will further ensure that the PPP reaches all communities in need of relief during the … for President Trump. “The forgivable loan program, PPP, is dedicated to providing emergency capital to sustain …

… by the CARES Act, the Paycheck Protection Program (PPP) — administered through the Small Business Administration … for various COVID-19 relief benefits, including EIDL and PPP loans. Dotson, an accountant and tax preparer, served as … with preparing numerous false and fraudulent EIDL and PPP applications for purported businesses that did not exist …

… their staff concerning the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) application … processes.  Once educated, the firm applied for PPP and EIDL loans themselves.  TNR Accounting and Management … LLC was awarded $55k in COVID-19 EIDL and $20.8k in PPP funds; for their PPP loan application, they obtained …

… Eno’s Pizza Tavern received a Paycheck Protection Program (PPP) Loan which was a lifeline to keeping Eno’s Pizza Tavern … visit to Dallas, Administrator Carranza visited another PPP loan recipient. On-Target Supplies & Logistics employs … to be able to come to Dallas and see firsthand that the PPP is meeting its mission to keep employees on the payroll,” …

… by the Agency: In FY20, the Paycheck Protection Program (PPP) provided an additional 5.2 million loans worth more than … Administrator Jovita Carranza said. Highlights from the PPP include: 27% of the PPP loan dollars were made in low-and moderate-income …

… on the closure of the Paycheck Protection Program (PPP) to new loan guaranty applications, which has provided … from small business owners across the country about how PPP funds helped them keep the lights on, pay their employees … to begin to rectify these inequities -- in 2021, 96% of PPP loans went to small businesses with fewer than 20 …

… more than $11 million in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration … and fraudsters.” “The consequences of the defendant’s PPP loan fraud scheme have caught up with him and now he will … sentence shows how seriously the American government takes PPP loan fraud,” said Special Agent in Charge Carissa Messick …

… prison for defrauding the Paycheck Protection Program (PPP), a federal program intended to help small businesses and … information presented in court, Evans submitted fraudulent PPP loan applications for numerous individuals who were not entitled to PPP loans. The applications Evans submitted contained false …

… regarding the success of the Paycheck Protection Program (PPP): “The Treasury Department and SBA launched the … which will protect a vast number of American jobs.  “The PPP enjoyed broad-based participation across the country from … of industries and businesses.  From its start on April 3, PPP provided payroll assistance to more than 1.6 million …

… and revised guidance for the Paycheck Protection Program (PPP).  This guidance implements the Paycheck Protection … convictions. To implement the PPPFA, SBA revised its first PPP interim final rule, which was posted on April 2, 2020.  … relating to loan maturity, deferral of loan payments, and forgiveness provisions. In addition, as an exercise of SBA’s …

… applications for two Paycheck Protection Program (PPP) loans and one Economic Injury Disaster Loan (EIDL), as … additionally admitted to fraudulently obtaining two PPP loans. On April 24, 2021, Stephen submitted a first-draw PPP loan application, claiming to be the sole proprietor of a …

… False Claims Act by taking a Paycheck Protection Program (PPP) loan to which it was not entitled, Acting U.S. Attorney … Works, Inc. (Ulma) applied for and received a $2 million PPP loan.  Under the eligibility rules in effect at that … After receiving the PPP loan, Ulma sought and received forgiveness of the total amount of the loan, plus interest …

… and fraud response All lenders who originate loans in PPP have an obligation to mitigate fraud, waste, and abuse in … programs or activities also to the following mailboxes: PPP fraud referrals ( PPPFraudReferrals@sba.gov ) ID theft … ) Asset Seizures and Forfeiture Notices ( PPP.ACH.Inquiries@sba.gov ) Request SBA review an outstanding …

… the pandemic, we launched the Paycheck Protection Program (PPP), and it has been one of the most successful disaster … response efforts in history. Alex received a forgivable PPP loan to help keep her school open and her 75 staff on payroll. “If we didn’t get the PPP and I had to lay off or furlough my staff or not provide …