“According to allegations in the indictment, between April 2020 and September 2021, the defendants conspired to execute a scheme to defraud the Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program and its Paycheck Protection Program (PPP) and obtain COVID pandemic relief funds for their purported businesses, through the submission of loan applications that contained false information or false documentation. It is alleged that the false documentation generally includ

If you applied for the Paycheck Protection Program (PPP) earlier this year you might remember the government’s promise for loan forgiveness to those who used the funds primarily for payroll costs or interest associated with overhead. Here’s what expert Barry Moltz from Small Business Unstuck says you need to know about the PPP loan forgiveness process, when and how to apply, and what happens to loan amounts that aren’t forgiven. https://bit.ly/312JOVh #PPP | Oracle NetSuite