The SBA approved Funding Circle for one of its first new lending licenses in decades, but lawmakers now are pushing back on the agency's decision. The Small Business Administration needs to “exercise ...
The Paycheck Protection Program can be a lifeline for businesses that qualify, but it’s not the only program available for business owners struggling during the coronavirus pandemic. Those who don’t ...
RALEIGH (WTVD) -- More than 23,000 small business owners have been approved for Paycheck Protection Program loans in North Carolina and $5.8 billion has been shelled out, according to the latest data ...
An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...
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 ...
Recent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False Claims Act (FCA) enforcement actions centered on PPP applicants’ ...
With the Small Business Association currently unable to accept new applications for loans from the Paycheck Prevention Program (PPP) due to a lack of funding, advisors and their clients are ...
The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...
The technology glitches were reminiscent of those that plagued the first phase. The federally backed emergency loan program to help hard-hit small businesses, reopened on Monday and -- once again -- ...
The Small Business Administration (SBA) annually issues a funding opportunity announcement with an estimate of total funding for the Small Business Development Center (SBDC) Program. The SBDC Program ...
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