Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

Congress recently passed the Paycheck Protection Flexibility Act of 2020 and improved the Paycheck Protection Program (PPP) for small business loans. The bill enhances the PPP by increasing the time ...

Beaumont executive Tom Flanagan is indicted on wire fraud charges, accused of misusing over $2.4 million in PPP loans, according to federal prosecutors.

Beaumont building owner Tom Flanagan was indicted on wire fraud charges tied to PPP loans and nearly $2.95 million in ...