Foley & Lardner·REGULATORY / GOVERNMENT

SBA Bars 870K Suspected COVID Loan Fraudsters from Future Federal Loans

Vice President JD Vance announced the Trump administration's coordinated SBA-DOJ action suspending 870,000 individuals suspected of PPP and EIDL program fraud from receiving future federal loans.

sba-doj-coordinationppp-fraud-enforcementcovid-loan-programsfederal-loan-suspensioneidl-fraudtrump-administration-enforcement
Read the original firm alert → Friday, September 18, 2026

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