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… in Prison for Covid-Relief Fraud Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … expenses.  The fraud scheme caused lenders and the SBA to disburse more than $550,000 in loans to Scott. Scott … Field Office.  Substantial assistance was provided by the SBA Office of Inspector General. “Put simply, Scott’s crime …

… Prison for Covid-Relief Fraud Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … The fraud scheme caused a loss to lenders and the SBA of more than $1.9 million. Jackson and others used the … of the FBI. Substantial assistance was provided by the SBA Office of Inspector General. “Defendant was the hub of a …

… stabilize the business, Transformation Partners secured an SBA Economic Injury Disaster Loan (EIDL), which allowed them … Year  honor, receiving the award in Washington, DC, from SBA Administrator Isabel Casillas Guzmán. …

… Million In Pandemic Relief Funds Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … (PPP) loans she obtained.  The PPP was administered by the SBA as part of the Coronavirus Aid, Relief, and Economic … qualified business expenses. PPP funds were disbursed by SBA-approved third-party lenders. In connection with pleading …

… Fraudulent Use of COVID Funds Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … Loan (EIDL) from the Small Business Administration (SBA) in August 2020. Blair claimed in the loan application … for the EIDL loan. Relying on Blair’s representations, the SBA approved his EIDL loan application and wired $99,900 into …

… program managed by the U.S. Small Business Administration (SBA).  In 1997, Congress put SBA in charge of this program to help high-unemployment and … Abuse and Mental Health Services Administration. To earn SBA’s HUBZone certification, firms must not only be in the …

… sustainable recycled packaging. Solution Jenny turned to SBA resource partners SCORE and WWBIC for small business … recently issuing East View’s first social impact report. SBA Wisconsin recognized Jenny Ulbricht and East View Coffee …

… Young Entrepreneur of the Year” award winner for the 2019 SBA National Small Business Week awards. “The SDBC and SBA have been very good to me,” said Kodeboyina. “I still use …

… retailers are selling Cyber Monday. Linda McMahon Former SBA Administrator Linda McMahon served as the 25th … Administrator of the U.S. Small Business Administration (SBA) from 2017 to 2019. Read more about Linda McMahon Your … the gifts they provide your communities all year round. SBA News …

… backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand … It delivers services through an extensive network of SBA field offices and partnerships with public and private …

… in the event of default. The preferred collateral for an SBA disaster loan is real estate   Companion File When an … Loan Authorization and Agreement (LA&A) A contract between SBA and the borrower that spells out the terms and conditions … have a controlling financial interest in the business. SBA defines controlling interest as an owner who owns 20% or …

…             Email:  rachel.howard@sba.gov SBA Announces MD Small Business Week Award Winners … Director of the U.S. Small Business Administration’s (SBA) Baltimore District Office. District winners will be …

… was needed to continue being successful. The duo attended SBA and SCORE trainings to receive training for their staff … assistance that was being provided through the SBA. As a result, TNR became committed to educating small … and grow their business including participating in the SBA’s 8(a) Program.   …

… and End Up Acquiring a Cutting Edge Tech Facility with SBA-backed 504 Loan Eddie and Aaron Silverberg’s business … purchase or renovate their own space, so they went to the SBA for assistance. Using the SBA-backed 504 Certified Development Company loan program, …

… Million COVID-19 Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … gain, they undermine public trust and divert critical resources from legitimate small businesses. These sentencings … programs will be aggressively investigated and prosecuted. SBA OIG will continue to protect taxpayer dollars and uphold …

… your full-time team in a significant way. Anita Campbell SBA Blog Contributor Anita Campbell runs online information … to a research firm. They should also have access to more resources to bring in especially valuable insights.   Human Resources Human resources encompasses any tasks in your …

… Falls. They utilized the Small Business Administration’s (SBA) 504 loan program through Bangor Savings Bank and Granite … several months, they were thrilled to find out that the SBA would be paying their loan for 6 months under the … debt relief program. Greg commented, “I cannot thank the SBA enough. It was incredible to receive those payments and …

… business accessed a U.S. Small Business Administration (SBA) Express Revolving Line of Credit. As the company grew, … capabilities. Elevate accomplished this with help from the SBA 8(a) Business Development Program and the Small Business … B-52 bombers and many more. Scott Gray lauded that, “The SBA programs, particularly the APEX Accelerator (a government …

… menu.   Jeff Good and Daniel Blumenthal received the SBA 2013 Mississippi Small Business Person(s) of the Year … and a response to adversity. The business received a SBA 7(a) guaranteed loan from Trustmark Bank in 2011 to … who were furloughed during the pandemic. In 2021, SBA introduced the Restaurant Revitalization Fund (RRF). This …

… of the new facility in October 2021 after obtaining SBA 7(a) and 504 loan financing. Dan Smoots complimented the … helped the previous owner of Fanestil Meats with his human resources needs on a part time basis for 13 years,” said … sought a financing deal. “My lender recommended I use the SBA loan program, and it was approved,” said Smoots.  The …