#small-business-administration

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#covid-19 #loan-fraud #financial-crime #economic-injury-disaster-loans #restaurant-industry #eidl-forgiveness
Food & drink
fromThe Oaklandside
3 weeks ago

East Bay restaurants are struggling under the weight of COVID-era loans. This food entrepreneur is rallying support

Many small businesses face closure due to burdensome Economic Injury Disaster Loans (EIDL) from the COVID pandemic, which lack forgiveness options.
US politics
fromFortune
1 month ago

Elon Musk's brain implant startup Neuralink called itself a "small disadvantaged business" to the federal government

Neuralink claimed a 'small disadvantaged business' designation despite Elon Musk's substantial wealth.
fromMiami Herald
2 months ago

Ex-Small Business Administration employee sentenced to 4.5 years for PPP fraud

As the coronavirus swept across the country, the two South Florida women teamed up to steal more than $1 million in federal government loans that were meant to help small businesses survive the economic collapse during the public health crisis.
Miami food
Miami Marlins
fromMiami Herald
3 months ago

Feds bust South Florida ring that collected $34 million in US loans during pandemic

Six South Floridians are indicted for fraudulently obtaining over $34 million in pandemic loans through falsified applications.
Los Angeles
fromwww.dailynews.com
3 months ago

14 people arrested in alleged scam involving more than $25 million in COVID-19 relief and business loans

A group of fourteen individuals was arrested for allegedly defrauding the government of over $25 million via fraudulent COVID-19 relief loans.
Miami food
fromMiami Herald
4 months ago

Two women face prison for stealing more than 800K from pandemic loan program

Two South Florida women defrauded over $800,000 in federal loans intended for businesses affected by the pandemic.
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