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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 ...
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 ...
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 ...
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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