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

Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity regarding pandemic-era lending programs. Loeffler said the SBA ...
The Business Journals

SBA's nonbank lenders could see stricter oversight. Here's what it means for businesses.

An influential senator is promising stricter oversight of nonbank lenders for the Small Business Administration in the wake of a report about fraud in Covid relief programs. Here's what it means for ...
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 ...
JD Supra

Overturning of Chevron Boosts Challenges to SBA PPP Loan Forgiveness Denials

The U.S. Supreme Court’s recent overturning of the Chevron Deference Doctrine calls into question several Chevron-based federal court rulings allowing the Small Business Administration (SBA) to ...
KNSI

SBA Suspends Nearly 7,000 Minnesota Borrowers Over Suspected Pandemic Loan Fraud

(KNSI) – The U.S. Small Business Administration has suspended nearly 7,000 Minnesota borrowers over suspected fraudulent activity related to pandemic-era loans.
GoLocalProv

Harvard Club of Boston Agrees to Pay $2.4M to Resolve Allegations of PPP Loan Fraud

The Harvard Club of Boston, a private club that is not formally affiliated with Harvard University, has agreed to pay approximately $2.4 million to resolve allegations that it violated the False ...