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  2. Facing numerous federal investigations into its PPP lending practices, Kabbage or, to be more accurate, the shell of what was once Kabbage, filed for bankruptcy this week. Kabbage was acquired by ...

  3. U.S. Justice Department probing Kabbage, fintechs over PPP ...

    www.aol.com/news/exclusive-u-justice-department...

    WASHINGTON (Reuters) -The U.S. Department of Justice is investigating whether financial technology companies including Atlanta-based Kabbage Inc may have erred while distributing billions of ...

  4. Kabbage - Wikipedia

    en.wikipedia.org/wiki/Kabbage

    Kabbage was an online financial technology company based in Atlanta, Georgia. [1] The company provided unsecured loans and funding directly to small businesses and consumers through an automated lending platform. [2] In 2020, the company was acquired by American Express and its mobile app was rebranded to American Express Business Blueprint. [3]

  5. PPP firms gave selves loans, bought Porsche, $8M home ... - AOL

    www.aol.com/ppp-firms-gave-selves-loans...

    A July 2020 exchange between two risk analysts at the financial technology company Kabbage expressing concern about the high level of seemingly fraudulent Paycheck Protection Program loans the ...

  6. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

  7. List of banks acquired or bankrupted during the Great Recession

    en.wikipedia.org/wiki/List_of_banks_acquired_or...

    Savings and loan association € 550,000,000 [76] November 8, 2010: Ambac: Chapter 11 bankruptcy and restructuring Insurance company [77] March 17, 2011: Banco Filipino: Philippine Deposit Insurance Corporation: Savings and loan association $ 191,800,000 (₱8,400,000,000) September 30, 2011: CatalunyaCaixa: Government of Spain: Savings and ...

  8. Growing with Kabbage: Lender Gives Online Businesses a Break

    www.aol.com/news/2012-07-30-kabbage-lender...

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  9. List of private equity owned companies that have filed for ...

    en.wikipedia.org/wiki/List_of_private_equity...

    The following private equity firm or hedge fund owned companies have filed for bankruptcy protection: A&P (grocery chain) [1] Brookstone [2] Envision Healthcare [3] Friendly's [1] GenesisCare [3] Instant Brands (maker of Instant Pot and Pyrex) [4] Kmart [5] Party City [6] Payless Shoe Source [2] Prospect Medical Holdings [7] RadioShack [2] Red ...

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