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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 ...
The Daily Overview on MSN

$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 ...

Small Business Administration bans thousands of Minnesota borrowers over suspected pandemic-era fraud

The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...

Small Business Administration suspends loans to thousands of Minnesota borrowers

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 ...

What we know about claims of SBA fraud in Minnesota as agency suspends borrowers

The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration ...
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 ...

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 Harvard Crimson

Harvard Club of Boston to Pay $2.4 Million to Settle Loan Fraud Lawsuit

The Harvard Club of Boston will pay $2.4 million to settle a U.S. Department of Justice investigation into allegations that ...