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Non-existent farms, such as "Ritter Wheat Club" and "Deely Nuts," each received the maximum loan of $20,833, ProPublica found. President Joe Biden. Scott Olson/Getty Images Fake firms collected $7 million in COVID-19 small business relief.....»»

Several prominent business groups argued that small firms, particularly those that are minority- and women-owned, will avoid bidding on city contracts for fear of this new "police power" to dig into their books......»»

Chicago announced Wednesday a $25 million fund to help women- and minority-owned contractors access loans from the federal Paycheck Pr.....»»

More than 1,000 Sonic Drive-Ins received a total of over $100 million, the latest example of a chain amassing PPP funds......»»

Find all the companies awarded grants and loans from the Covid-19 Small Business Relief Fund in a searchable database......»»

Treasury Secretary Steven Mnuchin has given big companies until May 18, a newly set deadline, to return their Paycheck Protection Program loans or face criminal liability. Many borrowers are reffing those demands......»»

Republican members of a new watchdog panel on Wednesday push back against their Democratic colleagues’ demand that five public companies return emergency loans meant for small businesses hurt by the coronavirus crisis......»»

There's no known evidence any of the companies violated the rules of the PPP, which approved more than $500 billion in loans during the past.....»»

A publicly traded Phoenix transportation company is one of five companies that were ordered Friday to return loans they received through the U.S. Small Business Administration’s Paycheck Protection Program......»»

More than $2.1 billion in Paycheck Protection Program loans could be forgiven for New Mexico companies if certain guidelines are followed, according to the Small Business Administration......»»

In a wave of lawsuits, companies battered by covid-19 but excluded from aid seek small-business funds......»»

More than 40 public companies are pledging to return money to the government’s small-business coronavirus fund now that Treasury Secretary Steven Mnuchin is threatening criminal prosecutions for violating t.....»»

Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism......»»

The U.S. Small Business Administration began accepting applications for the second round of funding Monday......»»

One of the biggest beneficiaries of the government’s small business lending program said on Saturday that its companies will return at least $70 million in loans received through the Paycheck Protection Program. .....»»

The Justice Department has opened an investigation into companies that applied for loans under the Paycheck Protection Program, and businesses that provided misleading information could face jail sentences, experts say......»»

The Small Business Administration is tapping into local fintech firms to help with processing loans and applications......»»

As the government issues a second round of aid for small business owners, some U.S. senators, community banking groups and minority-owned banks said they are worried businesses owned by people of color may miss out on receiving much-needed loans......»»

The Trump administration will audit small-business loans above $2 million, Treasury Secretary Steven Mnuchin said Tuesday, as he warned of criminal liability for companies who improperly got government cash......»»

While a few publicly traded companies have said they will return the money they got under the Small Business Administration’s Paycheck Protection Program, several told The Post they qualified for the loans fairly and would keep the money......»»