The Business Journals

Playbook for 2025: How Trump administration could affect Covid-era SBA loan forgiveness

Billions of dollars worth of Covid-era SBA loans are in hardship programs, with some business owners hoping for forgiveness. How will the changing administration in Washington affect those hopes?
Chicago Sun-Times

Rogers Park tax preparer admits arranging $3.6M in phony PPP and EIDL loans for himself and others

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wjla

DC consulting firm owner pleads guilty to defrauding $1.5 million in COVID loan: officials

WASHINGTON (7News) — A D.C. woman pleaded guilty to her role in defrauding $1.5 million in a COVID-era loan program on Wednesday, officials said. Jennifer May, 43, accepted a plea deal to a wire fraud ...

U.S. govt simplifies forgiveness process for smallest pandemic aid loans

The U.S. government will greatly simplify the process by which borrowers of a $525-billion-pandemic-relief fund do not have to repay some of the smallest loans, the Department of Treasury said.