Trump admin uncovers 'staggering' $8.6 billion in suspected California small business fraud

California pandemic loan fraud totals $8.6 billion as Small Business Administration suspends over 111,000 borrowers. Kelly ...

SBA freezes over 100,000 California borrowers in sweeping $9B pandemic fraud crackdown

Trump SBA suspends over 111,000 California borrowers in massive fraud crackdown involving $9 billion in suspected pandemic ...

SBA Suspends 111,620 California Borrowers Suspected of Committing $8.6 Billion in Pandemic-Era Fraud

Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that ...

Shocking $8.6 billion new fraud uncovered in California — including shady address that housed more than a dozen businesses

More massive fraud has been uncovered in California, as The California Post discovered one address in San Diego where 14 ...
The Business Journals

Lawmakers take aim at Covid small-business loan collections

Sen. Joni Ernst, R-Iowa, said the Complete Covid Collections Act would help recover billions of dollars. The Small Business Administration would be mandated to send many loans made under the Covid ...
Yahoo

SBA says it has suspended ‘6,900 Minnesota borrowers’ over suspected fraud

Add Yahoo as a preferred source to see more of our stories on Google. Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota ...
JD Supra

How Chapter 11 Can Resolve Your Personal Guarantees and EIDL Loans

If you’re a restaurant owner in New York carrying COVID-era EIDL debt and personal guarantees that feel impossible to pay, I ...

Number of SBA Covid EIDL loans in payment plans plunges

The Small Business Administration ended a Covid loan payment assistance program last year, and newly available numbers ...