The U.S. Attorney’s Office for the District of Massachusetts is warning small businesses that received loans through the Paycheck Protection Program (PPP) of a dramatic increase in reports of business email-compromise schemes related to the program. Scammers are using information about PPP recipients posted by the Small Business Administration (SBA) to impersonate PPP lenders requesting
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Small Business Administration Loan Portal Compromised
By Linn Foster Freedman on
Posted in Coronavirus, New + Now
Following the devastating impact of the coronavirus on small businesses, many small businesses applied for a disaster loan through the Small Business Administration (SBA) for relief.
Small businesses that qualify for the disaster loan program, which is different than the Paycheck Protection Program offered by the SBA, can apply for the loan by uploading the…