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… entry. “As of this evening, more than 960,000 approved PPP loans totaling nearly $90 billion had been processed via … than $50 billion in assets have approximately 793,000 PPP loans approved for $63 billion. The average overall PPP loan …
… for loan defaults; (8) untimely processing of charge-off loans; (9) untimely post-purchase and charge-off reviews; (10) inadequate and untimely follow-up on corrective actions; (11) improvement needed in time and …
… additional funding to provide Economic Injury Disaster Loans (EIDL) to small businesses nationwide impacted by the … $373 billion for EIDL; and provided $20 billion to stand up a new program for EIDL advance grants. We found that … resulted in billions of dollars in potentially fraudulent loans and loans to potentially ineligible businesses. Based …
… his business during the COVID-19 pandemic. “From the start of the pandemic, many life objectives became blurry and … vision for their lovely state of Mississippi. I opened up Nissan Cafe by Nick Wallace, and all this happened because …
… across SBA’s core programs since 2008, as well as 18,000 loans to households for disaster recovery; the agency also … by dramatic growth in the 7(a) Loan Program’s smallest loans—those under $150,000—as well as by loans to female, Black, and Latino entrepreneurs. …
… loan, Dee worked side by side with resource partners to start her business. Dee’s business started out of her kitchen … boots on the ground marketing and perseverance, Dee went up to four clients serving just the Grand Forks area. Seven …
… Years in Prison for Covid-Relief Fraud Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, … obtaining more than $550,000 in small business loans under the Coronavirus Aid, Relief, and Economic … lenders and the SBA to disburse more than $550,000 in loans to Scott. Scott and others used the loan proceeds on …
… Over $500,000 In COVID Relief Funds Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, … applications, at the time Bradford was applying for the loans, he was excluded from receiving any federal contracts …