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SBA loan forgiveness for PPP, EIDL and 7(a) loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
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$400M COVID loan scam sparks biggest SBA blacklist in US history
The federal government has frozen a vast swath of COVID-era aid in Minnesota, triggering what officials describe as the ...
The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA allocated more than $1 ...
Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth approximately $400 million. The individuals would be banned from any future ...
The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration ...
The SBA inspector general says "lowered guardrails" left the program vulnerable. At the dawn of the COVID-19 pandemic, when offices and restaurants began shuttering, the federal government scrambled ...
The Harvard Club of Boston will pay $2.4 million to settle a U.S. Department of Justice investigation into allegations that ...
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SBA suspends thousands of pandemic-era loan borrowers approved by Minnesota over potential fraud
Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.
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