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… the SBA as a key ally in the agency’s fight to eliminate fraud, waste, and abuse,” said Administrator Kelly Loeffler. … federal contracting programs, we will expose and end the fraud – to ensure our programs only benefit legitimate, … conduct independent and objective oversight that combats fraud, waste, and abuse while promoting the efficiency, …

… which included screening for Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) hold … loans, totaling $4.5 billion, where the borrower had a PPP loan or COVID-19 EIDL with an unresolved eligibility or potential fraud issue. SBA stated it resolved hold codes for 3,015 of …

… several layers of controls to prevent or reduce fraud from foreign countries, individuals at foreign IP … from foreign IP addresses are an indication of potential fraud that may involve international criminal organizations. … officials were aware of and concerned about the potential fraud from overseas. We recommended the agency thoroughly …

… Shortland heard about the Paycheck Protection Program (PPP) and the Targeted Economic Injury Disaster Loan (EIDL) Advance. He applied for PPP at his local bank St. Johns Bank Trust and Company in St. Louis. It took three-weeks for his $86,000 PPP application to be approved and funded. His business was …

… on the SBA’s new program, the Paycheck Protection Program (PPP) that was created with the passing of the Cares Act. Phil … their proceeds as well as helping them understand the PPP program and how it could help navigate the challenges created by the pandemic. When the PPP program re-opened under the changes implemented by the …

… in American history – the Paycheck Protection Program (PPP).  In just over four months, the program approved more … with capital. As a result, nearly 70 percent of all PPP loans went to small businesses with fewer than 10 … the average minority-owned firm has eight employees.  PPP loans helped keep more than five million small businesses …

… Loan (EIDL) and two rounds of Paycheck Protection Program (PPP) funding in 2020 and 2021 under the CARES Act. “COVID-19 … go away. I didn’t have any opportunities to bid on. The PPP allowed for me to payroll everyone even though I had no … my staff to stay together and not go on unemployment. Both PPP loans were forgiven. It was a blessing – it was very, …

… The Trump SBA is also cracking down on widespread fraud and abuse in the 8(a) Program to further ensure … outlining the penalties for failing to report suspected fraud, waste, and abuse within the 8(a) Program. In October …  numerous 8(a) contractors following allegations of fraud involving more than $253 million in previously issued …

… Department, launched the Paycheck Protection Program (PPP), which has helped stabilize hundreds of thousands of … When COVID-19 struck, Superstition Meadery applied for a PPP loan, which helped them cover payroll, rent, and more. … Person of the Year. Omni applied for and received a PPP loan, without which, according to Molly, she would not …

… out four SBA-administered Paycheck Protection Program (PPP) loans for his Euclid, Shaker Heights and Garfield Heights stores. “The PPP was a great thing, and I was able to pay employees and pay rent,” Sam said.  “The PPP loans helped us get ahead of the game.  Because of the …

… Chenica applied for an SBA Paycheck Protection Program (PPP) loan. The loan helped save the business and jobs. Also, … by Spectrum News 1 (Charter Cable) regarding the PPP loan and the value to their business. Ricka provided advice for those who did not receive the PPP in 2020, stating “….people who didn't get (PPP funds) in …

… by her banker regarding the Paycheck Protection Program (PPP) and she was urged to apply. Premier Physical Therapy was approved for a $98,000 PPP loan which allowed the business to continue providing … sought the assistance of SBA services, but thanks to the PPP and the SBA EIDL, the business has been able to remain as …