The new package injects $320 billion into the PPP, which is aimed at helping ... alternative lenders have been approved to distribute loans for the second round of funds. And while the hope ...

The Small Business Administration approved more than $718 billion in Paycheck Protection Program loans, providing pandemic ... In the initial round of PPP, m any traditional banks significantly ...

It expands the eligible uses of PPP funds, simplifies the forgiveness process for loans of up to $150,000 and allocates $285 billion for a new round of PPP lending, including "second-draw" loans ...

If you’re looking for loan forgiveness, it’s essential to know which programs still offer it and which do not. As of 2025, loan forgiveness is only available for the SBA’s Paycheck Protection Program ...

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...

The federally-funded Paycheck Protection Program (PPP) dried up on April 16 and ... still are still waiting to receive their loans from the first round of applications. While you wait, Davis ...

Prosecutors say Newman fraudulently applied for two PPP loans by lying about owning a business. According to the attorney general's office, she received $20,000 in July 2020 and another $20,000 in ...

The Palm Beach County Sheriff's Office (PBSO) said Melanie McCauley, 22, defrauded the Paycheck Protection Program (PPP) by obtaining over $18,750 in loans through fraudulent means in April of 2021.

(News 4 & Fox 11) — Carson Tahoe Health System has agreed to pay $8,876,475.45 to settle allegations that it was ineligible for four Paycheck Protection Program (PPP) loans, acting U.S. Attorney ...