Small Business Administration News

News Article - Court Orders California Rehab Center to Pay Over $1.5M for PPP Fraud

Court Orders California Rehab Center to Pay Over $1.5M for PPP Fraud

A California rehab center has been ordered to pay over $1.5 million for fraudulently obtaining Paycheck Protection Program loans. Discover the details of the case, the implications for the center, and the ongoing fight against PPP fraud in this revealing article.


News Article - SBA Shatters Records with $10.6 Billion in Surety Bond Guarantees

SBA Shatters Records with $10.6 Billion in Surety Bond Guarantees

Discover how the SBA has achieved a historic milestone by guaranteeing $10.6 billion in surety bonds, shattering previous records and providing unprecedented support for small businesses. Read on to learn about the implications for entrepreneurs and the economy.


News Article - Federal Jury Convicts Belleair Man of COVID Loan Fraud Scheme

Federal Jury Convicts Belleair Man of COVID Loan Fraud Scheme

A federal jury has convicted a Belleair man for his involvement in a fraudulent scheme to obtain COVID-19 relief loans. Discover the details of the case, the methods used, and the implications of this conviction in our latest article.


News Article - Illinois Businessman Sentenced to Six Years for $55M Fraud Scheme

Illinois Businessman Sentenced to Six Years for $55M Fraud Scheme

A prominent Illinois businessman has been sentenced to six years in prison for orchestrating a $55 million fraud scheme. Discover the details of the case, the impact on victims, and insights into the legal proceedings surrounding this high-profile conviction.


News Article - Defense Contractor Sentenced to Four Years for Bribery Scheme

Defense Contractor Sentenced to Four Years for Bribery Scheme

A defense contractor has been sentenced to four years in prison for orchestrating a bribery scheme that undermined government contracts. Discover the details of the case, the implications for the defense industry, and the consequences of corruption in federal contracting.