loans

The indictment alleges that the defendants defrauded lenders and the U.S. Small Business Administration of millions of dollars in PPP loans and EIDL funds. #fraud

Three Chicago-Area Residents Charged with COVID-Relief Fraud (Chicago, IL) — Three Chicago-area residents have been indicted on federal charges for allegedly fraudulently obtaining more...

Studies have shown that homeownership is still the number one tool for building wealth in the United States today. #homeownership

"The report reflects the significant impact of the COVID-19 pandemic on consumer lending in 2020. Compared to previous years, there were substantial decreases in number of borrowers, number of loans issued, and aggregate amounts originated for all reported loan types." #IDFPR

Thousands of companies working their way out of bankruptcy are now eligible for the Paycheck Protection Program after ProPublica reported that the Small Business Administration had been excluding them.