The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small business lending during the pandemic. The liquidity facility allowed banks to ...

The Small Business Administration (SBA) announced Friday it had suspended more than 100,000 California borrowers amid suspected fraud, with the alleged abuse totaling nearly $9 billion. SBA ...

SWBC Payment Protection Group is excited to announce the launch of its enhanced borrower portal for payment protection customers, designed to streamline the payment protection claims process and ...

Jan 7 (Reuters) - A unit of KeyCorp (KEY.N), opens new tab will pay $7.77 million to resolve allegations that the large regional bank violated the federal False Claims Act by submitting fraudulent ...

The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent activity.” The U.S. Small Business Administration (SBA) is suspending ...

Thousands of pandemic-era loan borrowers in Minnesota have been suspended for suspected fraud, U.S. Small Business Administration's Kelly Loeffler announced Thursday night. Loeffler says 6,900 ...

Thousands of Minnesota borrowers have been suspended after allegations of widespread fraud. The Small Business Administration (SBA) said on Thursday it had reviewed thousands of Paycheck Protection ...

Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity regarding pandemic-era ...

Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota, amid an investigation into alleged fraud in COVID-era lending programs.