JD Supra

SBA sends $22B+ in suspected fraudulent COVID-19 era loans to Treasury for collection

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

SBA refers 562,000 fraudulent loans to Treasury, aims to recover $22B

Explore how the SBA has identified 562,000 fraudulent loans and is working with the Treasury to recover $22 billion. Learn ...
Newsmax on MSN

SBA chief to Newsmax: Feds pursue billions in pandemic fraud

SBA Chief to Newsmax: Feds Pursue Billions in Pandemic Fraud ...

Tangipahoa Parish woman convicted of Covid-19 relief fraud, must repay over $35,000

TANGIPAHOA PARISH, La. ( WGNO) — A Tangipahoa Parish woman was convicted of fraudulently obtaining a Covid-19 relief loan.
The Business Journals

Playbook for 2025: How Trump administration could affect Covid-era SBA loan forgiveness

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Billions of dollars worth of ...
Homeland Security Today

SBA COVID-19 Loans Lack Controls and Are Susceptible to Fraud, GAO Says

SBA Administrator Jovita Carranza visits Reynolds Packaging in Green Bay, Wis., on July 31, 2020. The company pivoted to making masks in response to the pandemic. (SBA photo) Through its Paycheck ...
The Business Journals

Pandemic-era SBA programs spark debate five years later

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 ...
Homeland Security Today

Rubio, Cardin Urge SBA to Prepare Small Businesses for Coronavirus

U.S. Senators Marco Rubio (R-FL) and Ben Cardin (D-MD), Chairman and Ranking Member of the Senate Committee on Small Business and Entrepreneurship, sent a letter to Jovita Carranza, Administrator of ...
ABC 7 Chicago

Chicago coronavirus closures leave small businesses in limbo waiting for SBA loans to stay afloat

CHICAGO (WLS) -- Small businesses in Chicago and Illinois have taken huge financial hits due to the stay-at-home order to combat the coronavirus pandemic, and many are still trying to find ways to pay ...