Bankrupt small-business lender Kabbage will pay up to $120 million over allegations it committed Paycheck Protection Program fraud, the Justice Department said Monday. Through two separate settlements ...
Customers Bancorp in Pennsylvania has agreed to pay $58 million to settle a dispute over its loan partnership with Kabbage during the Paycheck Protection Program. Processing Content The settlement, ...
The Herald previously reported on the struggles to obtain forgiveness faced by many small business owners who obtained their PPP loans through Kabbage. Under the rules of the program, the loans would ...
An online bank — credited with awarding government-backed loans to the smallest businesses during the pandemic on Long Island and elsewhere — has agreed to pay up to $120 million to settle fraud ...
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