paycheck protection program News

U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield

Insiders said one company pushed unnecessary pain medication to the U.S. military; another promoted an unproven treatment for children with cancer; and a third used unlicensed counselors to treat poor people with mental illness. In all three cases, taxpayers footed …

Grant Program Now Open for Louisiana Small Businesses Harmed by Virus

Louisiana small businesses that have been hammered by the coronavirus outbreak and haven’t received federal aid can start applying for grants up to $15,000 to cover pandemic-related expenses, under a program created by state lawmakers. Grants in the $275 million, …

Who Got Money in Small Business Paycheck Protection Program?

WASHINGTON/SAN FRANCISCO, April 17 (Reuters) – Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns. Now a picture is emerging of who got the money. More than …