After scammers made off with billions of dollars in pandemic-era emergency loans that were supposed to go to small businesses, the federal agency responsible for running that program is now giving up ...

On April 24, the SBA announced that it has referred approximately 562,000 suspected fraudulent Paycheck Protection Program ...

A new report details how small businesses that tapped the SBA's EIDL program during the pandemic are facing greater financial challenges than companies that didn't turn to the offering for support.

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide emergency financial assistance during the pandemic. The CARES Act included funding in the form ...

Mar 18, 2026, 8:15am EDT Updated: Mar 18, 2026, 12:01pm EDT Getty Images (Kameleon007) More than $4 billion in Economic Injury Disaster Loans were charged off in the first six months of 2025. From the ...

A New Jersey man who pleaded guilty to conspiracy to commit wire fraud and money laundering was sentenced to 33 months in prison for his role in fraudulently obtaining Paycheck Protection Program ...