Organization leads the state in both number of SBA microloan loan volume and total dollars deployed. CHARLESTON, SC, ...
The U.S. Small Business Administration (SBA) on June 27, 2025, announced a comprehensive, full-scale audit of its 8(a) Business Development Program (8(a) Program), marking a significant escalation in ...
The U.S. Small Business Administration (SBA) recently announced an “immediate and full-scale audit” of its 8(a) business development program. The announcement stems from a “years-long fraud and ...
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U.S. Small Business Administration (SBA) lending across Eastern Pennsylvania’s 40 counties increased in fiscal year 2024, which ended Sept. 30. Approvals for SBA 7(a) Loan Guaranty Program and 504 ...
War Secretary Pete Hegseth said the Pentagon is reviewing the SBA 8(a) program to curb fraud in defense contracting.
A combination of reduced loan fees, rising delinquencies and backlogged loan buybacks are plaguing the popular program. The Small Business Administration’s flagship 7(a) loan program lost hundreds of ...
Changes that helped lenders hurt the U.S. Small Business Administration’s flagship lending program and many of its borrowers. Early defaults on loans backed by the SBA are on the rise. The defaults ...
The suspended firms collectively have received more than $5 billion in contracted work over the last four years, according to the SBA.
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