For Louine Raymonvil, the $105,000 Paycheck Protection Program loan his North Miami Beach security business received in June 2020 was a godsend. “The help was there for me to help with employees, so ...

The federal government’s Paycheck Protection Program distributed about 4.9 million loans from April through June to help businesses weather the fallout from the coronavirus. While 86% of participating ...

Fisher Island, a private island off the coast of Miami, applied for and got approval for a $2 million loan to help struggling small businesses during the pandemic, The Miami Herald reported. On Friday ...

The bulk of the loan money handed out through the government’s $800 billion Paycheck Protection Program (PPP) didn’t go to workers—it helped business owners and shareholders. That’s the finding of a ...

OceanGate, the deep-sea exploration company that operated the Titan submersible, received $447,000 in government loans throughout the pandemic under the Paycheck Protection Program, according to ...

The majority of Paycheck Protection Program loans given to small businesses during the COVID-19 pandemic have been forgiven, but new data show the program was rampant with fraud. Interesting new data ...

The Paycheck Protection Program was a lifeline for businesses during the pandemic. But it seems not every small business could easily turn to a bank to get the funds they needed. A working paper finds ...