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Small-Business Bankruptcies Surge Ahead of Potential Law Change
The Wall Street Journal· 5 hours agoThe 78% rise in subchapter V petitions under chapter 11 in February was also due to pressures to...
Stephen Moore: Why small businesses hate Bidenomics
BizPac Review· 8 hours agoIf the economy is so good, why do small business leaders feel so bad? The latest Small Business Optimism Index from ...
Brevard political consultant, Space Coast Rocket owner, arrested for alleged PPP loan fraud
Florida Today via Yahoo Finance· 6 days agoAn indictment handed down by a grand jury Monday in the Middle...over $57,000 in loans through the...
IT consultant-cum-developer in court over hiding COVID loan
The Register· 1 day agoBounce Back Loans (BBL) were offered to small and medium sized businesses from May 2020 until March...
DOJ and Private Whistleblowers Pursue Marijuana-Related Businesses for Alleged Violations of COVID...
JD Supra· 5 days ago...Department of Justice (DOJ) is investigating cannabis and marijuana-related businesses that allegedly took COVID-19 relief loans in violation of federal rules, with third-party actors leveraging a whistleblower policy that allows them to reap..., Relief, and Economic Security (CARES) Act into...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 6 days agoUnder the CARES Act, an “eligible recipient” was always a broader definition than the “small business concern” that is normally the standard needed to qualify ...
The Evolution of Alternative Financing: Navigating Modern Funding Solutions for Small Businesses
TechBullion· 7 days agoDiverse alternative financing options cater to different business needs and preferences....
How Hang Seng Bank helps Hong Kong’s crucial SMEs evolve post-Covid-19
South China Morning Post· 2 days ago“Although the Covid-19 pandemic is behind us, the business momentum has not been restored to the previous level,” Regina Lee, head of commercial banking ...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 7 days agoThe PPP is intended to provide an incentive to small businesses to retain their workers during this crisis by offering government-backed loans that, if ...
COVID loan thief gets probation for using $150K
The Meadville Tribune, Pa. via Yahoo Finance· 6 days agoApr. 17—A Mercer County man has received a federal probationary sentence for using a $150,000 federal COVID-19 business loan for personal ...