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COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape
… COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape U.S. Small Business Administration (SBA) … Disaster Loan (EIDL) and Paycheck Protection Program (PPP) funds. In the rush to swiftly disburse COVID-19 EIDL and … -
COVID-19 relief options
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PPP Guaranty Purchases, Charge-Offs, and Lender Servicing Responsibilities
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Guidance on Participation Sales for PPP Loans
… Guidance on Participation Sales for PPP Loans Provide guidance to Lenders approved to participate in the Paycheck Protection Program (“PPP”) regarding the sale of participating interests in PPP loans. Procedural notice 5000-20021 The purpose of this … -
SBA Administrator Announces New Paycheck Protection Program (PPP) Milestone: In Less Than Two Months, One Million Borrowers Apply for Direct Forgiveness through Agency’s PPP Portal
… Administrator Announces New Paycheck Protection Program (PPP) Milestone: In Less Than Two Months, One Million … Borrowers Apply for Direct Forgiveness through Agency’s PPP Portal WASHINGTON – The U.S. Small Business … major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one … -
Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
… Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small … nearly $30 billion in Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds have been … traditional small business loan programs. Combined PPP, EIDL and EIDL Advance Loan Data for the Pacific … -
Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
… Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small … nearly $30 billion in Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds have been … traditional small business loan programs. Combined PPP, EIDL and EIDL Advance Loan Data for the Pacific … -
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
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Statement by SBA Administrator Guzman on the Signing of the Paycheck Protection Program and Bank Fraud Enforcement Harmonization Act and the COVID-19 Economic Injury Disaster Loan Fraud Statute of Limitations Act
… on the Signing of the Paycheck Protection Program and Bank Fraud Enforcement Harmonization Act and the COVID-19 Economic Injury Disaster Loan Fraud Statute of Limitations Act WASHINGTON – Today, … "Millions of small business owners will tell you that PPP , COVID EIDL , and other critical relief programs at the … -
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Administrator Guzman Announces Expanded Efforts to Aggressively Crack Down on Bad Actors and Prevent Fraud in Programs
… to Aggressively Crack Down on Bad Actors and Prevent Fraud in Programs WASHINGTON – Today, Administrator Isabella … theft of taxpayer dollars. Recognizing that managing fraud risk in agency programs and operations is integral to … upon current activities the Agency has undertaken to limit fraud. The SBA’s work in the Biden-Harris Administration to … -
SBA’s Oversight of Non-Bank Lenders and Third-Party Service Providers Associated with PPP Loans
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SBA’s Use of Hold Codes for Potentially Fraudulent PPP Loans Referred by Lenders
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U.S. Small Business Administration Releases Report on Anti-Fraud Control Measures in Pandemic Relief Programs
… U.S. Small Business Administration Releases Report on Anti-Fraud Control Measures in Pandemic Relief Programs WASHINGTON … programs, including the Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan Program … fraud.” The new anti-fraud measures deployed in 2021 in PPP and COVID-EIDL, which are explained in detail in the … -
SBA’s Actions to Address Forgiven PPP Loans Subsequently Flagged as Potentially Ineligible
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SBA Re-Opens PPP to Community Financial Institutions First
… SBA Re-Opens PPP to Community Financial Institutions First WASHINGTON – … Department, re-opened the Paycheck Protection Program (PPP) loan portal today at 9 am ET. SBA is continuing its … potential access to capital barriers by initially granting PPP access exclusively to community financial institutions … -
OHA PPP Appeal Decisions cited in Frequently Asked Questions for PPP Borrowers and Lenders
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Second Notice of Revised Procedures for Addressing Hold Codes and Compliance Check Error Messages on PPP Loans
… Hold Codes and Compliance Check Error Messages on PPP Loans This notice provides revised guidance to SBA … address hold code and compliance check error messages for PPP loans. Procedural notice 5000-808216 Office of Capital … Download .pdf for / March 29, 2021 Related programs: 7(a), PPP Procedural notice 5000-20092 Revised SBA Paycheck … -
Response to COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape