SBA 7(a) loans explained: Benefits, eligibility, and how to apply

Comerica reports SBA 7(a) loans offer flexible funding options for 90% of U.S. businesses, aiding in acquisitions, expansions ...
WWLP

Southwick company to pay $2 million to settle PPP loan fraud allegations

A Southwick-based company has agreed to pay more than $2 million to resolve allegations that it improperly obtained a federal Paycheck Protection Program loan meant for small businesses during the ...

LaFontaine Automotive Group owners pay $1.5M to settle PPP loan case

The management company that owns the Michigan-based LaFontaine Automotive Group has agreed to pay $1.5 million to settle allegations that it fraudulently accepted COVID-19 era loans. The U.S. Attorney ...
WHMI 93.5 FM

Lafontaine Management Inc. Agrees To $1.5 Million Settlement In Alleged Loan Fraud Case

LaFontaine Management Inc. was accused of receiving Paycheck Protection Program or PPP payments it was not eligible for.