On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...
The Senate cleared changes to the popular Paycheck Protection Program on Wednesday that will allow small businesses more flexibility in using the rescue loan funds. The bill, which passed the House ...
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HOUSTON, Texas (KTRK) -- The deadline for small business owners in the U.S. to apply for loans from the Paycheck Protection Program is Saturday. More than 8,400 Houston businesses have received PPP ...
The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...
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 ...
TAMPA, Fla. (WFLA) — Two Florida resort companies have settled with the U.S. Department of Justice and agreed to pay a $325,000 settlement after “knowingly providing false information in support of a ...
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