Friday, December 5, 2025
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Small Business Administration

Utah Businessman Sentenced for $437K COVID-19 PPP Fraud

A Utah businessman has been sentenced for committing COVID-19 PPP fraud, resulting in a loss of $437,000. Discover the details of the case, the sentencing outcome, and its implications for fraud prevention in government assistance programs.

House Passes ‘Made in America Manufacturing Finance Act’; SBA Administrator Loeffler Celebrates Boost for Local Businesses

The House has passed the 'Made in America Manufacturing Finance Act', a significant step toward revitalizing local businesses. SBA Administrator Loeffler celebrates this new legislation aimed at boosting domestic manufacturing and supporting economic growth.

El Cajon Firm and HR Manager Admit Guilt in Illegal Alien Employment Scheme; $200,000 Forfeiture Announced

An El Cajon firm and its HR manager have pleaded guilty in a scheme involving the employment of illegal aliens, leading to a significant $200,000 forfeiture. Discover the details behind this case and its implications for local businesses.

Paycheck Protection Program Lender Co-Founder Sentenced to 10 Years for $63M Fraud

A co-founder of a Paycheck Protection Program lender has been sentenced to 10 years in prison for orchestrating a $63 million fraud scheme. Discover the details of this high-profile case and its implications for the PPP initiative.

Support Local: SBA Promotes Small Business Saturday on November 29th

Join the movement to support local businesses this Small Business Saturday on November 29th! Discover how the SBA is encouraging communities to shop small, boost the economy, and strengthen local ties. Celebrate the spirit of entrepreneurship and make a difference in your neighborhood!

Spokane Valley Couple Faces Sentencing for COVID-19 Relief Loan Fraud

A Spokane Valley couple is facing sentencing for their involvement in a fraudulent scheme to obtain COVID-19 relief loans. Discover the details of their case and the implications of their actions in this informative article.

SBA’s SBIC Program Achieves Unprecedented Capital Milestone in FY25

Discover how the SBA's SBIC Program reached an unprecedented capital milestone in FY25, driving investment and innovation in small businesses across the nation. Explore the implications and opportunities created by this historic achievement.

Miami Influencer Receives Over Two-Year Sentence for COVID Relief Loan Fraud

A Miami influencer has been sentenced to over two years in prison for fraudulent activities involving COVID relief loans. Discover the details of the case, the impact of the fraud, and the implications for social media influencers in this revealing article.