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Small Business Administration's Loeffler says agency found $200 billion in fradulent pandemic loans
She said that $22 billion in those fraudulent loans have been turned over to the U.S. Treasury and Department of Justice for collections and prosecution, and people who have been convicted of fraud ...
Shasta County businesses received nearly $387 million in COVID-era Paycheck Protection Plan loans. Most were forgiven by the federal government.
Signed into law in March 2020, the federal Paycheck Protection Program had major reach in Shasta County. The program created as part of the CARES Act provided forgivable, low-interest loans to help ...
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