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 ...
About 378 small business loans from the Paycheck Protection Program totaling $7 million were given to fake entities, the majority of which were posing as farms, according to a new report by ProPublica ...
Online lender Kabbage was one of the biggest lenders in the first year of the Paycheck Protection Program, processing more than $7 billion in loans. But for more than two years, the company has also ...
Add Yahoo as a preferred source to see more of our stories on Google. Congress is investigating fraudulent loans facilitated by fintech lenders BlueVine and Kabbage. While fintech lenders only ...
After COVID-19 shutdowns put Miami hairdresser Vicki LeMaster out of work, a friend recommended that she apply for a Paycheck Protection Program loan through the online lender Kabbage. “I didn’t want ...
Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: U.S. President Biden signs the Paycheck Protection Program Extension Act of 2021 at the White House in Washington ...
It has taken a while, but the start of litigation against financial institutions, which made the Paycheck Protection Program (PPP) loans, has begun. Government/regulatory inquiries will follow. Is ...
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