The Business Journals

SBA's nonbank lenders could see stricter oversight. Here's what it means for businesses.

An influential senator is promising stricter oversight of nonbank lenders for the Small Business Administration in the wake of a report about fraud in Covid relief programs. Here's what it means for ...
The Business Journals

Pandemic-era SBA programs spark debate five years later

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA allocated more than $1 ...
JD Supra

Overturning of Chevron Boosts Challenges to SBA PPP Loan Forgiveness Denials

The U.S. Supreme Court’s recent overturning of the Chevron Deference Doctrine calls into question several Chevron-based federal court rulings allowing the Small Business Administration (SBA) to ...
Star Tribune

What we know about claims of SBA fraud in Minnesota as agency suspends borrowers

The Trump administration’s decision to ban thousands of Minnesotans from U.S. Small Business Administration loans further stokes the fraud allegations that have roiled the state. The borrower ...
The Harvard Crimson

Harvard Club of Boston to Pay $2.4 Million to Settle Loan Fraud Lawsuit

The Harvard Club of Boston will pay $2.4 million to settle a U.S. Department of Justice investigation into allegations that ...
GoLocalProv

Harvard Club of Boston Agrees to Pay $2.4M to Resolve Allegations of PPP Loan Fraud

The Harvard Club of Boston, a private club that is not formally affiliated with Harvard University, has agreed to pay approximately $2.4 million to resolve allegations that it violated the False ...