Tag: ppp

Feds Pursue Fraud Claims Against PPP Recipients

To help struggling businesses needing immediate access to cash during the COVID-19 pandemic, Congress introduced the Paycheck Protection Program (PPP) as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020. Some companies, however, didn’t use the PPP loan funds as Congress intended. Because of a broad range of associated fraud, the […]

Employers watching bill aimed at easing PPP loan rules

The Paycheck Protection Program (PPP)—called a godsend by some and seriously flawed by others—may be in for a bit of an overhaul. The House passed the Paycheck Protection Program Flexibility Act on May 28, and the measure is expected to get a vote in the Senate soon, but not before senators seek changes in the […]