PPP Loans /tags/ppp-loans PPP Loans en-US SAąúĽĘ´«Ä± Tue, 19 Dec 2023 11:00:00 GMT Dozens of Florida country clubs and HOA’s are being sued over alleged PPP fraud /law-justice/2023-12-19/dozens-of-florida-country-clubs-and-hoas-are-being-sued-over-alleged-ppp-fraud A lawsuit unsealed in federal court last month alleges dozens of South Florida’s most luxurious country clubs and homeowners associations improperly got as much as $29 million in federal pandemic or “PPP” loans and should be ordered to pay up to triple damages. Tue, 19 Dec 2023 11:00:00 GMT /law-justice/2023-12-19/dozens-of-florida-country-clubs-and-hoas-are-being-sued-over-alleged-ppp-fraud Tony Winton | Key Biscayne Independent 17 Broward Sheriff's Office employees charged with COVID relief fraud /law-justice/2023-10-12/17-broward-sheriffs-office-employees-charged-with-covid-relief-fraud Federal prosecutors from the U.S. Attorney's Office in South Florida announced charges Thursday against 17 BSO employees, saying they defrauded the federal government out of about $500,000. Thu, 12 Oct 2023 21:56:07 GMT /law-justice/2023-10-12/17-broward-sheriffs-office-employees-charged-with-covid-relief-fraud Gerard Albert How the Paycheck Protection Program went from good intentions to a huge free-for-all /news/2023-01-09/how-the-paycheck-protection-program-went-from-good-intentions-to-a-huge-free-for-all An NPR analysis of data released by the Small Business Administration shows the vast majority of Paycheck Protection Program loans have been forgiven, even though the program was rampant with fraud. Tue, 10 Jan 2023 22:00:00 GMT /news/2023-01-09/how-the-paycheck-protection-program-went-from-good-intentions-to-a-huge-free-for-all Sacha Pfeiffer, Austin Fast A congressional report says financial technology companies fueled rampant PPP fraud /technology/2022-12-06/a-congressional-report-says-financial-technology-companies-fueled-rampant-ppp-fraud Fraud in the Paycheck Protection Program, which gave potentially forgivable loans to small businesses during the pandemic, was largely due to financial technology companies, according to a new report. Tue, 06 Dec 2022 15:00:00 GMT /technology/2022-12-06/a-congressional-report-says-financial-technology-companies-fueled-rampant-ppp-fraud Austin Fast, Sacha Pfeiffer Virtually all PPP loans have been forgiven with limited scrutiny /economy/national-politics/2022-10-12/virtually-all-ppp-loans-have-been-forgiven-with-limited-scrutiny Officials promised a robust review process before forgiving PPP loans, but most loans could be forgiven with a simple, one-page form. Meanwhile, just 2% of loans have gotten close, hands-on reviews. Wed, 12 Oct 2022 20:48:01 GMT /economy/national-politics/2022-10-12/virtually-all-ppp-loans-have-been-forgiven-with-limited-scrutiny Sacha Pfeiffer, Austin Fast A Florida man is accused of $2.5 million COVID-19 relief fraud /local-news/2022-06-09/a-florida-man-is-accused-of-2-5-million-covid-19-relief-fraud A 34-year-old man was charged with one count of wire fraud after being accused of filing a fraudulent loan application in 2020. Thu, 09 Jun 2022 15:45:48 GMT /local-news/2022-06-09/a-florida-man-is-accused-of-2-5-million-covid-19-relief-fraud Shauneen Miranda PPP loan forgiveness issues, Miami NFT Week and a Miamian cooks for Ukrainians in Poland /2022-03-30/ppp-loan-forgiveness-issues-miami-nft-week-and-a-miamian-cooks-for-ukrainians-in-poland Some city leaders see Miami as the new hub for tech. And, why has the government not yet forgiven all those PPP loans - especially for minority-owned businesses? Plus, Karla Hoyos is the owner of Tacotomia. But, right now she’s not making delicious dishes for her customers. She’s in Poland, on the Ukraine border, helping to feed people fleeing war with World Central Kitchen. Wed, 30 Mar 2022 21:50:53 GMT /2022-03-30/ppp-loan-forgiveness-issues-miami-nft-week-and-a-miamian-cooks-for-ukrainians-in-poland Caitie Muñoz, Leslie Ovalle Atkinson In heavily Black areas like South Florida, finding forgiveness for PPP loans can be difficult /news/2022-03-29/in-heavily-black-areas-like-south-florida-finding-forgiveness-for-ppp-loans-can-be-difficult The Paycheck Protection Program was created by Congress as part of the March 2020 CARES Act and designed to provide relief to small businesses struggling with COVID-19-related closures and disruptions. Tue, 29 Mar 2022 19:00:00 GMT /news/2022-03-29/in-heavily-black-areas-like-south-florida-finding-forgiveness-for-ppp-loans-can-be-difficult Ben Wieder / Miami Herald Did Emergency PPP Loans Work? Nearly $800 Billion Later, We Still Don't Know /news/2021-04-27/did-emergency-ppp-loans-work-nearly-800-billion-later-we-still-dont-know The Paycheck Protection Program, which provided emergency loans to small businesses amid the pandemic, will wind down soon. Economists are divided on whether it saved enough jobs to justify its cost. Tue, 27 Apr 2021 14:56:56 GMT /news/2021-04-27/did-emergency-ppp-loans-work-nearly-800-billion-later-we-still-dont-know Scott Horsley The Sunshine Economy: Why A South Florida Bank Was A Big Lender Of COVID-19 Rescue Money /2021-04-12/the-sunshine-economy-why-a-south-florida-bank-was-a-big-lender-of-covid-19-rescue-money City National Bank of Florida was one of the most prolific lenders of government rescue money during the pandemic. Mon, 12 Apr 2021 18:23:28 GMT /2021-04-12/the-sunshine-economy-why-a-south-florida-bank-was-a-big-lender-of-covid-19-rescue-money Tom Hudson