Defaulting on an SBA loan is serious; you can face bank levies, wage garnishment and foreclosure. But some cases allow ...

Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

According to the settlement agreement, WP Deli, through Mr. Montuoro, submitted an application for a PPP loan in May 2020. The PPP was established pursuant to the Coronavirus Aid, Relief, and Economic ...

An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...

Westmoor Country Club will pay $1.25 million to the government to settle claims it improperly obtained a loan through the ...

The SBA’s decision left the real estate brokerage on the hook to repay about $1.4 million on the loan. So Bradfield has taken the unusual step of suing the SBA to obtain a court order that would ...

Suffolk OTB is suing the federal government because its $4 million pandemic relief loan wasn’t forgiven while those of four other off-track betting corporations in the state were, according to court ...