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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 heist triggers the biggest SBA ban ever issued
The Small Business Administration has quietly triggered the largest exclusion in its history, freezing thousands of borrowers ...
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 ...
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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.
The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration ...
The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...
This Admin will not continue to hand out blank checks to fraudsters – and we will not rest until we clean up the criminal ...
Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...
What individuals and companies need to know about continued investigations and enforcement under Trump 2.0. As we enter the second half of 2025—over five years now since the COVID-19 pandemic ...
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 ...
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