The Small Business Administration (SBA) announced Friday it had suspended more than 100,000 California borrowers amid suspected fraud, with the alleged abuse totaling nearly $9 billion. SBA ...
SBA Suspends 111,620 California Borrowers Suspected of Committing $8.6 Billion in Pandemic-Era Fraud
WASHINGTON, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that the agency has suspended ...
A 25-year-old Flushing, New York, man was arraigned Tuesday in Bridgeport Superior Court on a felony charge of larceny in the first degree related to an alleged $1 million small business loan scam in ...
The federal government has frozen a vast swath of COVID-era aid in Minnesota, triggering what officials describe as the largest mass suspension of Small Business Administration borrowers in U.S.
Welcome to Black Wealth Watch, where we round up the biggest stories in Black business and economic news each week — the wins, the setbacks, the deals getting done, and the conversations we should be ...
Add Yahoo as a preferred source to see more of our stories on Google. More massive fraud has been uncovered in California, as The California Post discovered one address in San Diego where 14 ...
The Small Business Administration has quietly triggered the largest exclusion in its history, freezing thousands of borrowers out of future federal aid after uncovering what it says is roughly $400 ...
WASHINGTON, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration (SBA) announced the suspension of 1,091 firms from the 8(a) Business Development Program – representing ...
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