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 ...
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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 ...
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. The move is the latest by the SBA as it ...
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 ...
Department of War Secretary Pete Hegseth said the Pentagon is reviewing the Small Business Administration’s 8(a) Business Development Program, arguing that the long-running initiative has strayed from ...
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 ...
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 ...
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