Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

REVEALED: 2 | Vintage Vibes

GOPer cashes in on COVID aid she trashed

Monica De La Cruz runs on a campaign against runaway spending and “socialist” policies

Salon

PPP program was awash in fraud. Now, one lender may finally face a legal reckoning

The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that were forgivable if used for payroll and other approved expenses.

McClatchy Washington Bureau

Thieves hit on a new scam: Synthetic identity fraud

In fall 2020, 43-year-old Adam Arena and a dozen suspected co-conspirators were indicted in New York on charges of trying to swindle banks out of more than $1 million through a scheme known as “synthetic identity fraud.”

Tribune News Service

From analysis to the latest developments in health,
read the most diverse news in one place.

Rubio seeks answers from SBA on PPP forgiveness after McClatchy series on unforgiven loans

Following a series of stories by the Miami Herald addressing the backlog of unforgiven Paycheck Protection Program loans and the disproportionate impact of this backlog on minority communities, Florida Sen. Marco Rubio has called on the director of the U.S. Small Business Administration to speed up the forgiveness process and…

McClatchy Washington Bureau

Surviving small restaurants push forward as pandemic ebbs

CLARKSDALE, Miss. — For two years, Naomi King, an Australian native who owns Levon’s Bar and Grill in Clarksdale, Mississippi, pivoted her business model in more ways than one. The coronavirus pandemic forced her and her husband, Jonathan King, to cut the staff by half, reduce hours of operation and…

Tribune News Service

Two years into COVID, was $800B payroll aid plan worth it?

President Donald Trump rolled out the Paycheck Protection Program to catapult the U.S. economy into a quick recovery from the coronavirus pandemic

The Independent UK

Unforgiven: Two years later, small businesses still waiting promised PPP loan forgiveness

After COVID-19 shutdowns put Miami hairdresser Vicki LeMaster out of work, a friend recommended that she apply for a Paycheck Protection Program loan through the online lender Kabbage.

McClatchy Washington Bureau

Read news from The Economist, FT, and more,
with one subscription

7 ways small-business owners can save on taxes in 2022

Small-business owners, freelancers and people with side gigs can reduce their tax bills and their anxiety levels this tax-filing season by knowing the taxability rules for Paycheck Protection Program money, taking advantage of new deductions for business meals and mileage and putting money in tax-advantaged retirement accounts designed for self-employed…

The Independent UK

The Federal Government's Pandemic Jobs Program Was a Resounding Failure

Most of the $800 billion Paycheck Protection Program went to business owners, not preserving jobs, according to a new study.

Reason

Red flags ignored as federal loans flew out the door

One woman being prosecuted in Atlanta for defrauding the Paycheck Protection Program is a Walmart bakery worker. Authorities say she helped a cousin apply for pandemic bailout loans in a multi-state scheme involving phony businesses.

Tribune News Service

1 2

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Paycheck Protection Program

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.