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

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 ...

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 ...

The SBA says it referred 562,000 suspected fraudulent pandemic loans totaling over $22.2 billion to the Treasury, accusing the Biden era of ignoring fraud.

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 ...

A man pleaded guilty to a PPP fraud scheme that netted him over $1 million in pandemic relief funds meant for small businesses, authorities said.

A former Small Business Administration employee who learned the system from the inside and cashed in on pandemic loans for herself and others was sentenced Friday to over four years in prison for ...

A founder of a lending service company has pleaded guilty to a serious crime involving fake loans tied to the COVID-19 relief program. Nathan Reis, who co-founded the company Blueacorn, admitted to ...

The SBA’s decision left the real estate brokerage on the hook to repay about $1.4 million on the loan. So Bradfield has taken the unusual step of suing the SBA to obtain a court order that would ...