The Biden administration just made it easier for very small businesses and self-employed workers to get more money in less time. Paycheck Protection Program loan portal opens to larger lenders soon: ...

The U.S. Small Business Administration (SBA) has informed lenders that it is eliminating the loan necessity review for Paycheck Protection Program (PPP) loans of $2 million or greater. In a notice ...

Johnley Jorcilien, 34, received 10 years probation for laundering nearly $350,000 in fraudulent PPP loans. Jorcilien pleaded guilty and will serve one year of house arrest and pay restitution. He ...

Only about a quarter of the funding went to jobs that would have been lost, new research found. A big chunk lined bosses’ pockets. By Stacy Cowley Hanging over the $800 billion Paycheck Protection ...