Small Business Administration

Businesses are hurting because of the coronavirus pandemic. There have been billions of dollars in emergency and disaster loans given out by the Small Business Administration to help keep the lights on. It turns out some loans were taken out in the names of people who never applied.

A Paycheck Protection Program loan for nearly $1.2 million issued to an organic farm operator allegedly located in western Maine has raised suspicion after a massive disclosure of federal records about the small business relief program. According to records released by the U.S. Small Business Administration, Common Ground Organic Farm LLC, based in Bridgton, received the loan. The records show…

The head of the United States Small Business Administration was in San Diego Friday where she visited three small businesses to discuss how effective federal loans proved to be. Jovita Carranza spoke with the owner of The Knotstop in Bankers Hill about how effective federal loans proved to be for his business and what he anticipates as he prepares for…

Low-interest federal disaster loans are available to help San Diego small businesses affected by civil unrest that began on May 26.

NBC 7 Investigates’ Mari Payton looks at some of the largest companies that took PPP loans meant for small businesses.

San Diego County businesses received between $3.9 to $6.5 billion in loans through the federal government’s coronavirus disaster fund.

Black business owners feel the city of San Diego is not operating on a level playing field, preventing them from receiving the funds to help them weather the COVID-19 storm

Black business owners feel the city of San Diego is not operating on a level playing field, preventing them from receiving the funds to help them weather the COVID-19 storm, reports NBC 7 Investigates Mari Payton.

The Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600 billion-plus coronavirus aid program

Some San Diego business owners have received lifelines from the Small Business Administration’s Payroll Protection Program.

San Diego business owners receive loans from the Small Business Administration’s Payroll Protection Program, reports NBC 7’s Priya Sridhar.

The smallest companies seeking coronavirus relief loans are moving to the head of the line

The Federal Government has now set aside roughly $660 billion through two rounds of the Paycheck Protection Program, or PPP. The money is meant to help America’s small businesses reeling from the financial impacts of COVID-19. With an estimated 30 million small businesses across our country, it would mean roughly $2,200 per business if everyone got a slice of the…

NBC 7’s Steven Luke spoke with a bank CEO who predicts the latest PPP funding will be ‘gone within a day’.

The Small Business Administration has reported it had a potential data breach last month in its website handling disaster loan applications

The Small Business Administration website reads that it is “unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. Similarly, we are unable to enroll new PPP lenders at this time.”

You’ve probably heard a lot about the Payment Protection Program – a forgivable SBA loan paid for by the $2 trillion economic relief bill. But those loans aren’t always forgivable.

Small Business Administration loans are available for struggling business owners but Alexis Rivas shares the fine print of those loans.

To make sure that family has a job to come back to, Kleinman filed for a forgivable loan from the SBA on Friday – but he found more frustration than help

Friday is the day virtually every small business and mid-size company in America has been waiting for. NBC 7’s Alexis Rivas has more.