Page 4 - Bailey Devries News Today

WASHINGTON, July 17, 2023 (GLOBE NEWSWIRE) -- Today, Administrator Isabella Casillas Guzman announced the U.S. Small Business Administration (SBA) finalized a rule to modernize the Small Business Investment Company

Small Business Investment Company Program modernization will seed America’s next generation of fund managers while increasing funding for underserved and...

More than $200 billion may have been stolen from two large COVID-19 relief initiatives. Thats according to new estimates from a federal watchdog investigating federally funded programs designed to help

WASHINGTON (AP) — More than $200 billion may have been stolen from two large COVID-19 relief initiatives, according to new estimates from a federal watchdog…

Two COVID-19 relief funds that funneled federal support to struggling U.S. businesses during the early days of the pandemic may have been bilked for as much as $200 billion, according to an analysis released on Tuesday.

More than $200 billion may have been stolen from two large COVID-19 relief initiatives. Thats according to new estimates from a federal watchdog investigating federally funded programs designed to help

The United States Small Business Administration (SBA) has released new data showing that both the Paycheck Protection Program (PPP) and the COVID-19 Economic Injury Disaster Loan program were heavily abused by fraudsters, particularly at the start of the Wuhan coronavirus (Covid-19) “pandemic.” The SBA inspector general released a report revealing that “at least 17 percent […]

Fraud in pandemic unemployment assistance programs stands at $76 billion, according to congressional testimony from Labor Department Inspector General Larry...

The numbers issued Tuesday by the U.S. Small Business Administration inspector general are much greater than previous projections issued by the office.

The numbers issued Tuesday by the U.S. Small Business Administration inspector general are much greater than the office's previous projections.