Category: PPP Loan

Federal Pandemic Program Forgave $809 Million in PPP Loans to White-Shoe Law Firms: Watchdog

Federal officials forgave $809 million in Paycheck Protection Program (PPP) loans handed out during the COVID-19 pandemic in 2020 to more than 100 of the nation’s top law firms and another $635 million given to hundreds of elite accounting offices, according to a new analysis of government spending to be made public on Dec. 2….


Former Florida Democratic Consultant Accused of Defrauding COVID-19 Relief Program

A political consultant who has worked on Democratic South Florida political campaigns allegedly lied on an application for COVID-19 payroll relief, federal prosecutors said on May 9. The government charged Omar Smith, 42, of Royal Palm Beach, with conspiracy to commit bank fraud and wire fraud in connection with a Paycheck Protection Program loan (PPP)….


‘Bachelorette’ Star, Co-host Under Fire for Receiving More Than $20,000 in PPP Loans for Being an Influencer

Article by Emily Rella During a time when so many small businesses were struggling and and trying to survive amid the pandemic, many applied for PPP (Paycheck Protection Program) government loans as a way to continue to pay their employees. The PPP, which was intended to be used by small businesses of under 500 employees, was classified as an…