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… - March 12, 2024 for the 504 loan program (topics include PPP and EIDL, Size Standards update, and SOP 50 10 7.1 … include: ETRAN updates, Validation error resolution, Fraud Risk Framework, Credit Alert Verification Reporting …

…  – Since the opening of the  Paycheck Protection Program (PPP)  Direct Borrower Forgiveness Portal on August 4, the  … received more than 340,000 submissions from borrowers with PPP loans of $150,000 or less, highlighting  … with the most need, the SBA remains committed to reducing fraud across programs.  ###  About the U.S. Small Business …

… 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 …

… release for orchestrating a $6.1 million investment fraud scheme and fraudulently obtaining over $2.6 million in … obtained funds from the Paycheck Protection Program (PPP) by submitting fraudulent applications for disaster … economic hardship due to the pandemic. To obtain the PPP funds, Andiloro submitted applications that contained …

… Release A 42-year-old man has pleaded guilty to a wire fraud conspiracy involving the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program, … Nicholas J. Ganjei. Shawn Nicholas Young applied for PPP and EIDL loans on behalf of his own businesses as well as …

… 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 …

… disaster assistance loans, Paycheck Protection Program (PPP) loan forgiveness, and PPP loan guaranty purchases programs. Publish effective corrective action plans for the PPP loan forgiveness and PPP loan guaranty purchases and did …

… schemes to defraud the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan program, as well as … On February 19, 2021, Chapman submitted an online PPP loan application with the lender on behalf of DA TRAP, … 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the …

… 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 … exclusionary restrictions on student loan debt and non-fraud felony convictions, and ensuring access for immigrant …

… were sentenced after pleading guilty to COVID-19 relief fraud. Chief United States District Judge Stanley A. Bastian …  One such program, the Paycheck Protection Program (PPP), provided government-backed funding to small businesses … other economic circumstances caused by the pandemic.  The PPP and EIDL programs have provided billions of dollars in …

… 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 …

… We believe this is the largest government-backed loan fraud scheme in SBA history. Mr. Harrington has actually … us to look at the broader picture of how such a widespread fraud scheme—involving so many loans made by one of SBA’s … lenders that facilitates the prevention and detection of fraud—has been an area of concern and focus for my office for …

… 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 …

… to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to … to the technology platform, the SBA is standing up a PPP customer service team to answer questions and directly … – Friday, 8 a.m. - 8 p.m. EST. “This initiative will allow PPP borrowers to put their concerns of achieving full …

… 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 …

… 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 … increased reporting and oversight to deter and detect fraud, waste, and abuse and ensure that program goals are …