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 U.S. Small Business Administration has referred 562,000 suspected fraudulent pandemic-era loans, worth $22.2 billion, to the Treasury Department for collection in its largest-ever enforcement ...
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's approach to collections on delinquent PPP loans is drawing more heat. One watchdog is worried about the long-term effects on lending programs. The Small Business Administration’s inspector ...
Many small businesses continue to face uncertainty over whether the Small Business Administration (SBA) will grant forgiveness of their Paycheck Protection Program (PPP) loans. Despite the vast ...
A man pleaded guilty to a PPP fraud scheme that netted him over $1 million in pandemic relief funds meant for small ...
Last year, we published an article titled “What to Do if Your PPP Forgiveness Application Is Denied.” Today, we share some insights into the Paycheck Protection Program (PPP) and appeals process based ...
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