SBA Sends 562,000 Suspected Fraudulent Loans to Treasury for Collections Totaling $22 Billion

The SBA has transmitted the borrowers to the DOJ. And with today’s referral, Treasury will begin collecting on the outstanding debt as part of the Trump Administration’s commitment to recouping stolen ...
The Business Journals

Number of SBA Covid EIDL loans in payment plans plunges

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Small Business ...
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SBA is stepping up one aspect of its Covid-era collections effort. Here's what it means for businesses.

The Small Business Administration plans to step up its efforts to report more small-business owners delinquent on Covid-era loans to credit bureaus. The effort, for which the SBA will add ...
The Business Journals

Slutty Vegan’s owner couldn’t pay back a $1M Covid-era disaster loan. She isn’t alone.

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 ...