The Office of Inspector General is alerting the public about potential fraud schemes related to economic stimulus programs offered by the U.S. Small Business Administration in response to the Coronavirus Pandemic (COVID-19). Fraudsters have already begun targeting small business owners. Be on the lookout for grant fraud, loan fraud, and phishing.
SBA does not initiate contact on either 7a or Disaster loans or grants. If you are proactively contacted by someone claiming to be from the SBA, suspect fraud.
Report any suspected fraud to OIG’s Hotline at 800-767-0385 or online at: https://www.sba.gov/aboutsba/oversight-advocacy/office-inspector-general/office-inspectorgeneral-hotline
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