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… in the form of a forgivable Paycheck Protection Program loan but more recently received funding through the SBA’s 504 program. These loan funds went towards purchasing and renovating a new building located in Little Rock. During the SBA 504 loan process, the business had 17 full-time employees and 4 …

… to the Maui wildfire disaster, including staffing, loan application volume, and timeliness of disaster loan approvals. We found SBA’s initial response to the Maui … Recovery Center on Maui and provided timely disaster loan assistance to survivors. While SBA successfully …

… 2020 and 2022, Michael James DeFrees, 63, submitted loan applications and obtained Economic Injury Disaster Loans … records in a bankruptcy proceeding. After receiving the loan payouts, DeFrees laundered a portion of the proceeds …

… Protection Program (PPP) and the Economic Injury Disaster Loan program (EIDL)—two sources of relief under the CARES … than $550,000 in loans to Scott. Scott and others used the loan proceeds on personal expenses, including numerous …

… multiple false and fraudulent Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP) loan applications. These programs were some of the sources of … (CARES) Act. Contrary to the certifications made on his loan applications, at the time Bradford was applying for the …

… to money laundering related to proceeds of a government loan issued to his family-owned restaurant. According to … applied for a U.S. Small Business Administration (SBA) loan of $350,000. The loan was part of a Covid era relief program offered by the …

… widespread potential fraud in the Economic Injury Disaster Loan and Advance grant programs that require immediate … from financial institutions receiving economic injury loan deposits. Nearly 3,800 of those reported instances of … from the inception of the Economic Injury Disaster Loan and Advance Program in March until May 19, OIG received …

… Center will assist applicants complete their disaster loan application, accept documents for existing applications, … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover.  FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make …

… caused by Hurricane Harvey. SBA immediately needs loan officers with backgrounds in finance, credit, banking, … employees to get the job done,” Garfield continued. Loan officers and attorneys interested in joining SBA’s team …

… (PNP) in Maine of the Sept. 5 deadline to submit disaster loan applications for physical damages that occurred from the … 30 years. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at  … and should apply under SBA declaration # 17992 . Disaster loan information and application forms may also be obtained …

… verify the eligibility of entities to participate in SBA’s loan programs prior to approving SBA-guaranteed loans valued … entities from participating in SBA’s contracting and loan programs. SBA management agreed with two of the six …