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Operator of Saginaw auto dealer to pay $1.5M to settle PPP loan fraud claim

DETROIT, MI — Garber Management Group, Inc. has agreed to pay over $1.5 million to settle allegations that it violated the ...
The Business Journals

The SBA sent thousands of PPP loans to collections. It didn’t always notify the businesses.

A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...
FOX 2 Detroit

Saginaw auto group to pay $1.5M to settle fraud claim over PPP pandemic loans

The Garber Management Group Inc. in Saginaw will pay $1.5M to settle allegations of PPP loan fraud. This information is from ...
WNCT

Raleigh-based company to pay more than $2 million for false PPP loan

RALEIGH, N.C. (WNCT) — An IT solutions company called DynPro, Inc. will have to pay $2,178,254 to resolve a liability for a false Paycheck Protection Program (PPP) loan from the U.S. Small Business ...

SBA Loans: Smaller Amounts, Broader Distribution for Small Businesses

Discover how SBA's second-round loans average $79,000, ensuring more equitable distribution to small businesses, and learn ...