SBA Suspends 111,620 California Borrowers Suspected of Committing $8.6 Billion in Pandemic-Era Fraud

Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that the agency has suspended 111,620 California borrowers amid suspected ...
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Chinese state-owned firms to pay $21.6M in U.S. PPP fraud settlement

Three companies based in North America but owned by Chinese government-run enterprises have agreed to pay more than $21.6 million to the United States. This payment settles allegations that they ...
WTVD

Triangle businesses hopeful for second round of Paycheck Protection Program funding

RALEIGH, N.C. (WTVD) -- Nearly 40,000 businesses in North Carolina were approved for a Paycheck Protection Program loan during the first round of funding. Data from the U.S. Small Business ...