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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
JD Supra

Justice Department Files False Claims Act Complaint Against Home Health Agency Over PPP Loans

On February 25, 2025, the U.S. Department of Justice filed a False Claims Act (FCA) complaint against an Idaho home health agency and its owner, alleging that a series of Paycheck Protection Program ...
Bradenton Herald

Facing federal PPP fraud investigations, online lender Kabbage files for bankruptcy

Online lender Kabbage was one of the biggest lenders in the first year of the Paycheck Protection Program, processing more than $7 billion in loans. But for more than two years, the company has also ...
Fox Business

SBA doled out $684M in PPP loans to ‘potentially ineligible’ nonprofits

A government watchdog said the Small Business Administration (SBA) handed out $684 million worth of Paycheck Protection Program (PPP) loans during the COVID-19 pandemic to scores of nonprofit ...
The Macomb Daily

James criticizes student-loan relief despite having $2.7 million PPP forgiven

Congressional candidate Carl Marlinga criticized foe John James for opposing student-loan debt forgiveness while his auto-related company did not repay $2.7 million in PPP loans. James is president of ...