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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 ...

Minnesota Suspends Thousands of Borrowers Over Suspected Fraud

The Small Business Administration (SBA) said on Thursday it had reviewed thousands of loans in the state, resulting in 6,900 ...
The Business Journals

SBA offers 60-day collections reprieve to PPP, Covid EIDL borrowers

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The agency said it's backing off ...
The Business Journals

Covid-19's debt trap: Past relief programs have led to years of headaches for many businesses

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA Covid EIDL loan was a ...
Forbes

Ten Defendants Charged In Covid-19 Relief Schemes Totaling Nearly $1 Million

The Department of Justice continues to focus on pandemic-related fraud. This week, a federal grand jury in the Western District of Tennessee returned an indictment charging ten individuals for their ...
ABC News

'Easy money': How one pandemic relief program became fraudsters' top target

More than 1/3 of EIDL funds were squandered on potential fraud, says a report. The watchdog report released Tuesday that revealed how some $200 billion in COVID-19 aid was potentially misspent threw ...