SBA Fraud News & Investigations

The uncensored truth about SBA failures, EIDL disasters, PPP fraud, and government accountability.

POLITICAL

SBA Relocates Minneapolis Office After "Overwhelming Local Hostility" - Small Businesses Caught in t

January 14, 2026

In what can only be described as bureaucratic retaliation wrapped in political theater, SBA Administrator Kelly Loeffler announced this week that the SBA will relocate its Minneapolis district...

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POLICY

Trump Administration Moves to Abolish Women's Business Centers, SCORE, and Minority Business Program

January 14, 2026

While the SBA hunts down fraud (selectively, of course), the Trump administration is quietly dismantling the programs that actually help legitimate small businesses. The President's Fiscal Year 2026...

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HORROR STORY

REAL HORROR STORIES: "I Wish I Never Got That Loan" - Three Business Owners Destroyed by SBA Incompe

January 14, 2026

These aren't hypotheticals. These aren't exaggerations. These are real American small business owners, with real names, whose lives were turned upside down by the SBA's staggering incompetence. Their...

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NEW

The 37% Default Rate: 1.3 Million Small Businesses Are Going Down

January 14, 2026

Let's talk numbers. The EIDL default rate is now estimated at 37%. That's not a typo. More than one in three EIDL borrowers is in default or headed there.

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NEW

The 10-Year Clock: Why PPP Borrowers Who Thought They Were Safe Are Dead Wrong

January 14, 2026

Here's a fun fact that should terrify approximately 11 million Americans: if you got a PPP loan in 2020 and thought the government had to charge you by 2025 or 2026, you were dead wrong. Congress...

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NEW

EIDL Hardship Accommodation Program Is Dead. Here's What's Left. (Spoiler: Not Much.)

January 14, 2026

Remember the EIDL Hardship Accommodation Plan? The program that let struggling borrowers reduce their payments by 50% for six months while they got back on their feet? Yeah, that's gone now. The HAP...

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NEW

California Wildfire Loans: $3.2 Billion Approved, 7 Structures Rebuilt. Yes, SEVEN.

January 14, 2026

I need you to sit down for this one. One year after the Los Angeles County wildfires destroyed an estimated 16,000 structures, the SBA has approved over $3.2 billion in disaster loans. Sounds great,...

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NEW

SBA Brags About "Cutting Red Tape" While Drowning Borrowers in It

January 14, 2026

You cannot make this up. On January 7th, the SBA's Chief Counsel for Advocacy, Dr. Casey Mulligan, testified before the House Committee on Small Business about how the SBA is heroically "cutting red...

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NEW

How SBA Suspensions Actually Work: A Borrower's Guide to Being Guilty Until Proven Innocent

January 14, 2026

If you're one of the 7,000 Minnesota borrowers who just got suspended - or if you're terrified you might be next - let me explain exactly how screwed you are. This isn't pessimism. This is the actual...

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INVESTIGATION

SBA Extends California Wildfire Deadlines While Local Bureaucrats Stall Recovery

January 13, 2026

One year ago today, the Los Angeles County wildfires devastated communities across Southern California. And what has the SBA done in that time? Well, they've approved over $3.2 billion in disaster...

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INVESTIGATION

New SBA Regulations Shake Up Small Business M&A Starting January 17

January 13, 2026

If you're thinking about buying or selling a small business with federal contracts, you better get your paperwork in order. Starting January 17, 2026, the SBA's new recertification rules are going to...

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INVESTIGATION

The 8(a) Program Audit: $550 Million Fraud Scheme Exposed

January 7, 2026

If you thought the EIDL fraud was bad, wait until you hear about the 8(a) Program. A Department of Justice investigation just uncovered a $550 million fraud and bribery scheme involving a former...

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