As of 2025, loan forgiveness is only available for the SBA’s Paycheck Protection Program (PPP) loans. Other SBA loans, including Economic Injury Disaster Loans (EIDL) and 7(a) loans, do not qualify ...

The Small Business Administration guarantees loans for more than 33 million small businesses across the country.

The SBA Fraud Enforcement Extension Act would broaden the window of time for prosecutors to bring charges of defrauding two ...

Five years after the pandemic, authorities are still unraveling COVID relief fraud on Long Island — and how at least 31 ...

DOGE announced a further wave of contract terminations and said it has identified $312 million worth of loans issued to children aged 11 and younger.

He also arranged about $2.6 million in loans for people who used fake or insolvent companies to get loans from the corruption-riddled PPP and EIDL programs, which were overseen by the Small ...

But PPP fraud has loomed large. The SBA's EIDL program ramped up at the same time in 2020, at first limiting small businesses to $200,000 in loans before gradually ratcheting up that amount.

OTHER CRIME IN THE ARKLATEX The DOJ says Lewis-Chatman came up with a scheme to defraud the SBA and other financial institutions by falsifying PPP and EIDL loan applications and other documents.