Dec. 16 (UPI) --Three Chinese-owned companies agreed to pay $7.3 million to resolve allegations they submitted false claims to secure loans under a COVID-19-era program to help pay employees, the ...
A software company and a robotics business, both headquartered in San Francisco, have agreed to pay a total of $6.8 million to settle allegations they violated the rules of federal Paycheck Protection ...
The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small business lending during the pandemic. The liquidity facility allowed banks to ...
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