Tag: Lauren LaCapra

Business Justice Division concerns subpoenas to mountainous Wall Side motorway banks for minute industry loans info: Reuters

Business Justice Division concerns subpoenas to mountainous Wall Side motorway banks for minute industry loans info: Reuters

The Justice Department issued grand jury subpoenas to Wall Street banks seeking information in relation to a broader investigation into potential abuse of the small business loan program.The program allows small businesses hurt by the pandemic to apply with lenders for a government-backed loan which can be forgiven provided at least 75% is spent on payroll costs.Due…