Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower ...

The United States Department of Justice (“DOJ”) has intensified civil fraud investigations aimed at borrowers who obtained Paycheck Protection Program (“PPP”) loans despite falling outside the class ...

Businesses in Arizona and the nation are rushing to apply for Small Business Administration loans to keep afloat through shutdowns related to the new coronavirus pandemic, but the massive assistance ...

The Detroit Club's owners will pay $357,699 to settle allegations that they misused funds from two PPP loans. A former bookkeeper for the club filed a whistleblower lawsuit alleging that the club ...