The Business Journals

The SBA sent thousands of PPP loans to collections. It didn’t always notify the businesses.

A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...
The Business Journals

Pandemic-era SBA programs spark debate five years later

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA allocated more than $1 ...
Newsday

Suffolk Regional OTB sues after its $4M Paycheck Protection Program loan is not forgiven

Suffolk OTB is suing the federal government because its $4 million pandemic relief loan wasn’t forgiven while those of four other off-track betting corporations in the state were, according to court ...
El Paso Times

El Paso businesswoman accused in $2.3 million fraud of COVID-19 relief PPP funds

Araceli Benitez allegedly advertised services to obtain Paycheck Protection Program loans. Benitez arrested in FBI, IRS investigation into COVID-19 relief fraud. Paycheck Protection Program was ...
San Antonio Express-News

San Antonio's Bradfield Properties sues feds after it's denied full forgiveness on $1.9M PPP loan

The SBA’s decision left the real estate brokerage on the hook to repay about $1.4 million on the loan. So Bradfield has taken the unusual step of suing the SBA to obtain a court order that would ...