SBA freezes over 100,000 California borrowers in sweeping $9B pandemic fraud crackdown

Trump SBA suspends over 111,000 California borrowers in massive fraud crackdown involving $9 billion in suspected pandemic ...
Forbes

FinTech Founder Pleads Guilty In Paycheck Protection Program Fraud Scheme

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

Trump admin uncovers ‘staggering’ $8.6B in suspected Calif. small business fraud linked to COVID

The federal Small Business Administration suspended more than 111,000 California borrowers after uncovering $8.6 billion in ...
The Manila Times

SBA Suspends 111,620 California Borrowers Suspected of Committing $8.6 Billion in Pandemic-Era Fraud

Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that ...
Federal Reserve Bank of San Francisco

Is the PPPLF Still Encouraging Small Business Lending?

The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small ...