LaFontaine Management Inc. obtained Paycheck Protection Program (PPP) loans from the U.S. Small Business Administration (SBA) by falsely representing the number of its employees and claiming to ...

LaFontaine Management Inc. was accused of receiving Paycheck Protection Program or PPP payments it was not eligible for.

Two foreign-controlled companies have agreed to pay more than $1.7 million after federal officials said they weren’t eligible for the COVID relief loans they took. Setterstix Inc. and MAE-EITEL Inc.

A York City tax preparer pleaded guilty Thursday to one count of bank fraud in connection with numerous fraudulent loan ...

Defendants pleaded guilty to conspiracy. PPP loans were designed to help small businesses keep their workers on payroll during the Covid-19 pandemic. While loans were obtained from various lenders, ...

As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...

(NEW YORK) — The federally backed emergency loan program to help hard-hit small businesses, reopened on Monday and — once again — was off to a rocky start with technology glitches reminiscent of those ...

The Paycheck Protection Program landed back in the news last week after it emerged that a number of Republican members of Congress who criticized President Joe Biden’s student loan forgiveness order ...

Fewer than 10% of all Paycheck Protection Program loans remain unforgiven, and the majority of those belong to one-person businesses — companies the program most intended to help. We've been talking ...

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 -- ...