Oriental Bank sues 100+ in RICO lawsuit alleging PPP loan fraud
December 3, 2024
The financial institution claims the defendants orchestrated a fraudulent scheme to obtain PPP funds by submitting falsified applications and misusing the proceeds for personal gain. #NewsismyBusiness
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Paycheck Protection Program funding still available for P.R./USVI small businesses
May 12, 2020
The U.S. Small Business Administration confirmed it continues to approve loans for Puerto Rico and U.S. Virgin Islands small businesses during the second round of SBA’s Paycheck Protection Program, with more than $120 billion still available. “We encourage small business owners in Puerto Rico and the USVI to take advantage of this opportunity to keep […]
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