The Small Business Administration has charged off 390,103 PPP loans so far — or about 3.4% of the 11.46 million loans made across 2020 and 2021. The agency charges off a loan to recognize a loss.

Mid Penn Bank filed breach of contract lawsuit against Prince Preferred Hotels Natchez's application for a Paycheck Protection Program (PPP) loan after the defendant allegedly failed to disclose ...

The U.S. Small Business Administration rejected the gambling agency's application for loan forgiveness, saying it should've never received the pandemic relief in the first place.

The U.S. Small Business Administration (SBA) blanketed headlines during the pandemic with the Paycheck Protection Program (PPP) emergency loan program created to help small businesses survive. For ...

Jabari Kadar Long has been charged with several counts of fraud after allegedly providing SBA with fraudulent information for a PPP loan ...

The bank, which gained national notoriety for its performance with PPP, has 9,178 unforgiven loans in Texas, 22% of the more than 41,000 for which the bank submitted to the SBA.

The Small Business Administration has charged off 390,103 PPP loans so far — or about 3.4% of the 11.46 million loans made across 2020 and 2021. The agency charges off a loan to recognize a loss.