payment protection program

A suburban Elgin restaurant owner has been indicted on a fraud charge for allegedly defrauding the Paycheck Protection Program, a federal loan program designed “as a lifeline” for small businesses amid the coronavirus pandemic, federal officials said. Melissa Turasky, 43, of Lake in the Hills, was charged with one count of bank fraud and one count of making false statements…

The Trump administration has released the names of businesses approved for loans of more than $150,000 as part of the Paycheck Protection Program. Many of them are big businesses that some would argue should never have been approved in the first place. That is not sitting well with some local business owners who say they clawed and scratched for money…

NBC 5 Responds looks at which businesses were approved for PPP loans and the controversy over who is on that list. NBC 5’s Lisa Parker reports.

Four major banks are accused of giving preferential treatment to big companies, while kicking small businesses to the curb. NBC 5 Responds’ Lisa Parker reports.