The Paycheck Protection Program (PPP) was created at the height of the COVID-19 pandemic to provide financial aid for small ...
A rehab center and its owner were ordered to pay over $1.5m for violating the False Claims Act with PPP loans.
Two CPD employees fraudulently obtained PPP loans, including a sergeant, according to the city's watchdog agency.
The bank fired a manager for originating suspicious loans but later asked the SBA to forgive them, prosecutors say. The case ended in a $7.7 million settlement.