LOLSBA

Exposing SBA Fraud & Helping Borrowers Fight Back

The SBA promised emergency relief. Millions got a 30-year debt trap instead. While fraudsters stole billions and walked free, legitimate borrowers face aggressive collections, Treasury offset, and bureaucratic nightmares. We're here to expose the dysfunction and give you the tools to fight back.

$387B
EIDL Loans Disbursed
1.3M
Loans in Default
$79B
Charged Off
3,096
Defendants Charged

Breaking News

February 20, 2026

We Got a Letter From George. We're Publishing Every Word Because the SBA Needs to Hear This.

Ohio small business owner and Army veteran describes how the SBA seized his tax refund while he was current on EIDL payments, spent $6,000 in legal fees for zero answers, and watched his son skip college. The angriest letter we've ever received.

February 18, 2026

Father-Son Fraud Dynasty Stole $11.5M in PPP Through 120 Fake Applications: Dad Gets 10 Years, Son Gets 8

Creed and Joshua White of Pennsylvania submitted 120 fraudulent PPP/EIDL applications for 18 dormant businesses. Joshua blew his $175K PPP loan on a Vegas trip. Combined 22 years in prison.

February 16, 2026

Family Gets 3 Years for Stealing $2.5M in PPP, But a Cop Who Faked a Business Gets His Record Wiped Clean

Samer Kammo sentenced to 36 months for $2.5M PPP fraud while corrections deputy Bartholomew Ilenikhena gets second-chance probation and a clean record for the same crime.

Resources & Tools

SBA Problems By State

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