A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...

Looking for a warrant list of people accused of PPP loan fraud? There is no public list at this time. But there is a database ...

A key part of the Small Business Administration's Paycheck Protection Program is forgiveness. But to get that forgiveness, business owners can only spend the funds on qualified expenses, and those ...

On April 24, the SBA announced that it has referred approximately 562,000 suspected fraudulent Paycheck Protection Program ...

The SBA has transmitted the borrowers to the DOJ. And with today’s referral, Treasury will begin collecting on the outstanding debt as part of the Trump Administration’s commitment to recouping stolen ...

As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...

The U.S. Small Business Administration has referred 562,000 suspected fraudulent pandemic-era loans, worth $22.2 billion, to the Treasury Department for collection in its largest-ever enforcement ...

CHICAGO (WLS) -- In Illinois, nearly 70,000 small business owners got loans from the federal government before Payroll Protection Program funds were exhausted, and some are now wondering how those ...

A former medical practice in Depew agrees to pay $500,000 to settle allegations of fraudulently receiving a PPP loan, ...

The Small Business Administration (SBA) announced Friday it had suspended more than 100,000 California borrowers amid suspected fraud, with the alleged abuse totaling nearly $9 billion. SBA ...