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 ...

Rep. Abigail Spanberger is calling on the Small Business Administration to improve the Economic Injury and Disaster Loan application process and customer service resources available to Virginia small ...

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.

The SBA's Inspector General has highlighted $200 billion in potential fraud as loan defaults rise in Covid-19 relief programs. The agency disagrees. Businesses have defaulted on hundreds of thousands ...

Mark Erjavec is accused of collecting the fraud proceeds through companies he resurrected in 2020. An Edina man fraudulently ...

Travel back in time to the Spring of 2020: people are searching for toilet paper and spraying down their groceries with Lysol. In addition, lenders are tackling the new loan programs created under the ...

Update: The Paycheck Protection Program and Bank Fraud Enforcement Harmonization Act and the COVID-19 Economic Injury Disaster Loan Fraud Statute of Limitations Act were signed into law in early ...

The Department of Justice continues to focus on pandemic-related fraud. This week, a federal grand jury in the Western District of Tennessee returned an indictment charging ten individuals for their ...

The Small Business Administration approved 6,552 Economic Injury Disaster Loans (EIDL) in North Dakota, totaling over $745 million. In recent weeks I have heard several remarks about these loans. The ...

Some good news for any business that took out a Covid Economic Injury Disaster Loan ( EIDL): The Small Business Administration is extending deferment periods for disaster loans once again. With no ...