Shasta County businesses received nearly $387 million in COVID-era Paycheck Protection Plan loans. Most were forgiven by the ...

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

The Department of Justice said that Birmingham, Alabama-based Regions sought forgiveness from the Small Business ...

Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...

Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.

Although it disagreed with the claims, the bank said it settled with the Justice Department this month “with the goal of ...

Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower ...

The federal Paycheck Protection Program offered emergency financial assistance to businesses during the pandemic. Borrowers were required to certify the truthfulness and accuracy of information ...