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 ...
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 ...
Star Tribune

Small Business Administration bans thousands of Minnesota borrowers over suspected pandemic-era fraud

The U.S. Small Business Administration (SBA) is suspending almost 7,000 Minnesota borrowers over “suspected fraudulent activity” and blocking them from all other loan programs. The announcement was ...
Star Tribune

What we know about claims of SBA fraud in Minnesota as agency suspends borrowers

The Trump administration’s decision to ban thousands of Minnesotans from U.S. Small Business Administration loans further stokes the fraud allegations that have roiled the state. The borrower ...