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Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

LS Cable & System USA, Inc. is accused of misrepresenting the number of its employees and personnel to obtain more than $2 ...

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

LS Cable & System USA is a Korean cable manufacturer with a plant in Tarboro.

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

COLD SPRING, Ky. (WKRC) - A Northern Kentucky manufacturer will pay nearly $900,000 to settle allegations it improperly obtained and received forgiveness of a Paycheck Protection Program loan, federal ...

Regions Bank has agreed to pay a $4.9 million settlement to the Department of Justice in a case involving a COVID-19 relief loan program. According to the DOJ, Regions was alleged to have forgiven a ...