The Small Business Administration (SBA) announced Friday it had suspended more than 100,000 California borrowers amid suspected fraud, with the alleged abuse totaling nearly $9 billion. SBA ...
As SBA COVID EIDL payments come due, many small-business owners can’t afford to pay. This guide breaks down the consequences of falling behind and the options borrowers may still have. Many, or all, ...
SBA Suspends 111,620 California Borrowers Suspected of Committing $8.6 Billion in Pandemic-Era Fraud
WASHINGTON, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that the agency has suspended ...
Sen. Ed Markey and Rep. Nydia Velazquez have blasted SBA's new eligibility policy. Less than two months after implementing a policy that opened the door a crack to businesses with limited noncitizen ...
NEW YORK (AP) — The Small Business Administration said in a policy note that green card holders won’t be allowed to apply for SBA loans, effective March 1. Trump’s portrayal of ‘golden age’ is out of ...
FILE - Small Business Administration administrator Kelly Loeffler listens during a hearing of the Senate Committee on Capitol Hill, May 21, 2025, in Washington. (AP ...
With little fanfare, the Small Business Administration has suspended at least 1,000 contractors from the 8(a) program because they failed to submit data that SBA requested a month earlier. SBA said in ...
Explore the current interest rates for SBA-backed financing—including 7(a), 504 and microloans—and learn how these compare to traditional loan options Written By Written by Staff Senior Editor, Buy ...
Thousands of pandemic-era loan borrowers in Minnesota have been suspended for suspected fraud, U.S. Small Business Administration's Kelly Loeffler announced Thursday night. Loeffler says 6,900 ...
Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity regarding pandemic-era ...
The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud. SBA Administrator Kelly Loeffler ...
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