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Tag: Paycheck Protection Program

Montgomery Co. accountant sent to federal prison for $24 million COVID relief fraud scheme – WTOP News

October 2, 2025October 5, 2025 · Washington DC Local News

A Gaithersburg, Maryland, accountant has been sentenced to three years in federal prison, followed by six months of home confinement for conspiring to commit wire fraud by submitting…

Read more Montgomery Co. accountant sent to federal prison for $24 million COVID relief fraud scheme – WTOP News
PPP loans cost nearly double what Biden’s student debt forgiveness would have. Here’s how the programs compare.

PPP loans cost nearly double what Biden’s student debt forgiveness would have. Here’s how the programs compare.

June 30, 2023July 1, 2023 · Finance

After the Supreme Court reversed President Biden’s student-loan forgiveness plan, critics of the decision are pointing to other recent examples of the government forgiving debt —many with far…

Read more PPP loans cost nearly double what Biden’s student debt forgiveness would have. Here’s how the programs compare.
‘Looking into an abyss’: For many lenders, PPP still a source of pride

‘Looking into an abyss’: For many lenders, PPP still a source of pride

April 11, 2023April 12, 2023 · Banking

The Paycheck Protection Program opened for business on April 3, 2020. Not long after, the Small Business Administration’s E-Tran loan processing program crashed. SBA approved about 52,000 loans…

Read more ‘Looking into an abyss’: For many lenders, PPP still a source of pride
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