Birmingham bank pays $4.9 million to settle PPP loan forgiveness fraud allegations
May 25, 2026
Regions Bank has agreed to pay nearly $4.9 million to the federal government to settle allegations that it approved forgiveness of a Paycheck Protection Program loan that the government said did not qualify under program rules, the Justice Department announced.
https://www.washingtontimes.com/news/2026/may/25/birmingham-bank-pays-49-million-settle-ppp-loan-forgiveness-fraud/
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