Search

… fraudulent loans from the Paycheck Protection Program (PPP), which one of its branch managers had fraudulently … in the settlement agreement: Congress created the PPP in March 2020, as part of the Coronavirus Aid, Relief, … no actual operations to open bank accounts and apply for PPP loans at the bank branch that Hawkins managed. Hawkins …

… to defraud the federal Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program, … said the defendants obtained more than $11.5 million in PPP and EIDL proceeds, making this one of the largest PPP and EIDL frauds prosecuted in the Middle District of …

… part of that effort, from 4 to 11:59 p.m. EDT today, SBA’s PPP loan processing system is only open to lending … entry. “As of this evening, more than 960,000 approved PPP loans totaling nearly $90 billion had been processed via … less than $50 billion in assets have approximately 793,000 PPP loans approved for $63 billion. The average overall PPP …

… controls related to the Paycheck Protection Program (PPP). The Economic Aid Act continued assistance under the PPP for small businesses financially affected by the ongoing coronavirus pandemic. We found SBA implemented the PPP in accordance with the Economic Aid Act with two …

… impact from COVID-19 include: Paycheck Protection Program (PPP) : Accepting new applications through August 8, the PPP is an SBA-backed forgivable loan that has helped small … to pay their employees during the COVID-19 outbreak. The PPP Flexibility Act , passed last month, has extended the …

… 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 … with more than 300 employees were not eligible for PPP loans. Applicants were instructed that the 300-employee …

… obtain over $65 million in Paycheck Protection Program (PPP) loans guaranteed by the U.S. Small Business … conspired with others to submit false and fraudulent PPP loan applications to receive loan funds for which they … to help small businesses and individuals obtain PPP loans. Through Blueacorn, Reis and his co-conspirators …

… false and fraudulent Paycheck Protection Program (PPP) loan applications in the names of companies that he … monthly payroll costs, and falsely certified that the PPP funds would be used for permissible expenses. In … fictitious bank statements in the names of his companies. PPP loans were one of the sources of economic relief provided …

… relief through the SBA Paycheck Protection Program (PPP) while the program was operational. The letters, part of … may face a determination that they were ineligible for the PPP loan and any subsequent loan forgiveness. Affiliates who … step to force every bad actor to pay them back.”  The PPP Program was designed to support small entities during the …

… Gurba applied for a Paycheck Protection Program (PPP) loan on behalf of Big Red from an SBA authorized … certified and signed under criminal penalty that all the PPP loan proceeds would be spent on payroll, mortgages, rent, … or other SBA authorized expenses. In reality, Gurba used PPP proceeds at a casino, to enrich himself and family …

… pandemic thanks to the SBA’s Paycheck Protection Program (PPP). Administrator Guzman traveled to 1889 Pizza Napoletana … Fund (RRF) award, and the Paycheck Protection Program (PPP). On Friday, October 14, 2022, the Administrator’s day … Kansas businesses. The El Centro corporation secured a PPP loan during the pandemic. Administrator Guzman and Sen. …