This field is for validation purposes and should be left unchanged. can be an important ally in your fight to remain in compliance with state and federal regulators. You will work a lot of hours while employed with the SBA. All Rights Reserved. Look out for phishing attacks/scams utilizing the SBA logo. A general attorney whos not an SBA lender legal advisor may not have the expertise you need to keep up with the ever-changing regulations of the SBA, so you must hire a firm with dedicated commercial lending lawyers for SBA loans. U.S. Small Business Administration 409 3rd St, SW. Washington DC 20416 . Our Attorneys are Authorized by the Agency Practice Act to Represent Federal Debtors Nationwide before the SBA, The SBAOffice of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service. and documentation process, contact a knowledgeable, from Starfield & Smith for guidance. Loan disbursements and advances are made through the U.S. Department of the Treasurys automated clearing house system as deposits from SBA. We were able to negotiate a significant reduction of the total claimed amount from $220,000 to $119,000, saving the clients over $100,000 by arguing for a waiver of the statutory 28%-30% administrative fees and costs. ) or https:// means youve safely connected to the .gov website. This category only includes cookies that ensures basic functionalities and security features of the website. Overhead expenses. An, can help you and your employees get up to speed on all the latest developments in SBA lending. They argue civil and criminal cases on behalf of the government. This presentation contains images that were used under a Creative Commons License. The SBA Office of Inspector General (OIG) recently issued an Alert regarding SBA EIDL Loans and the potential warning signs involving COVID-19 fraud and abuse. This video article is an exact reproduction of the SBA OIGs Notice of Alert that was published on 7/14/2020. c. A statement designating an individual or individuals by name and title who were authorized to sign the SBA loan closing documents; d. The Certificate should be dated and signed by a member, member-manager or manager of the LLC. 2022 Starfield & Smith, P.C. Filing or defending a HUBZone bid protest can be frustrating and complex, depending on the facts. The estimated base pay is $109,521 per year. We were able to negotiate a significant reduction of the total claimed amount from $220,000 to $119,000, saving the clients over $100,000 by arguing for a waiver of the statutory 28%-30% administrative fees and costs. A statement designating an individual or individuals by name and title who were authorized to sign the SBA loan closing documents; d. The Certificate should be dated and signed by a member, member-manager or manager of the LLC. Eligibility determination is the same as for SBAs Payroll Protection Program loans. Here are seven tips on how to find the best tax preparer or tax advisor for you. Treasury claimed our clients owed over $220,000 once it added its statutory collection fees and interest. Friendly work environment. The public is warned to be extra vigilant in protecting their information and to be on the lookout for grant fraud, loan fraud, and phishing, as scammers are targeting small business owners during these economically difficult times. Using stolen identities to qualify for funds, Applications from ineligible persons (nonbusiness entities, suspended or debarred individuals, etc. Has anyone else received this? The Office of General Counsel (OGC) provides comprehensive legal services to the Administrator and all Agency offices. International Association of Better Business Bureaus, BBB Scam Alert: Small Businesses, Don't Fall for This Phony SBA Grant Offer. If youre looking for the, best commercial lending lawyers for SBA loans, , our firm has the knowledge and experience it takes to advise you on anything related to the SBA 7a or, have helped lenders nationwide to properly document and close SBA 7a, SBA 504, USDA, and commercial loans for over 25 years. Work with your SCORE mentor through the life of your business. Desire to set up or grow a strategic SBA program? All Rights Reserved. BBB.org/ScamTracker has received several recent reports about a sophisticated new twist. We help respond to government subpoenas and request for documents. 2023, International Association of Better Business Bureaus, Inc., separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. All rights reserved. Attorney Advisor (Former Employee) - Citrus Heights, CA - March 13, 2020 A dynamic place to work with excellent people while performing important work vital to the communities served. The SBA does not initiate contact on either 7a or disaster loans or grants. Collect Your Documents. Develop an effective loan delivery platform. For more business tips, go toBBB.org/COVIDandBBB.org/smallbusiness. Federal pay and benefits. Supervisors are highly skilled individuals eager to impart information and processes to their colleagues. You may report fraud, waste, mismanagement, or misconduct involving SBA programs or employees either online or by calling the Office of the Inspector General (OIG) at 800-767-0385. Clients had agreed to a voluntary sale of their home to pay down the balance. With over 30 years in the federal space, our professionals frequently handle a variety of legal concerns including civil and criminal investigations, HUBZone status bid protests, SBA size protests and more. Watson & Associates, LLC SBA Historically Underutilized Business Zone (HUBZone certification) lawyers serve as SBA attorney advisors to small businesses across the United States that are HUBZone certified but are facing potential or actual adverse action from the federal government. Secured loans will be asked for proof of insurance and businesses will be asked for a document of them certifying the loan such as a board of directors resolution for a corporation. This expansion gave small business owners a loan advance of up to $10,000 which does not have to be repaid. Let BBB help you resolve problems with a business, Research and report on scams and fraud using BBB Scam Tracker, Learn more about the value of BBB Accreditation. Prosecutors typically work for the government to file a lawsuit, or charge, against an individual or corporation accused of violating the law. If you are contacted by someone promising to get approval of an SBA loan, but requires any payment up front or offers a high interest bridge loan in the interim, suspect fraud. SBA is committed to building a high-performing, 21st century workforce that possesses the following core attributes: cultural astuteness, technological proficiency, articulate, strong writing capabilities, superior conflict resolution skills, and exceptional presentation skills. They're also sifting through advice on how to keep employees, maintaining a safe work environment and tips on how to stay cybersecure online. Call 206-486-6769. Discuss all your options with advisors and friends you trust ones that will tell you the truth! Our SBA loan default attorneys are experienced in dealing with both the SBA and SBA lender banks. Washington, District of Columbia. Call our SBA compliance lawyers toll-free at 1-866-601-5518. The above-referenced list of emerging SBA scams and additional information can also be accessed at: https://www.sba.gov/document/report--sba-programs-scams-fraud-alerts. If you need an, process from start to finish, so call us for an. Our focus: Being your talent scout! With all of these messages flooding their inbox, social media, and phone, its easy to mistake a scam for a real offer. Providing real solutions to individuals who are facing SBA loan problems. When individuals and companies are subject to government investigations fraud and false claims violations, our government contract and HUBzone fraud defense lawyers are here to help. to help you remain in good standing with state and federal regulators. Sorry it just says please call the number below which is an actual SBA number thats all. Asheville:(828) 271-4661. Have a question about Government Services? With billions of dollars in aid available, they will try every trick in the book to rob the rightful recipients of those funds. Now we want to assist you by providing, commercial lending lawyers for your SBA loans. Doing Nothing is a Bad Idea The SBA itself is not bound by any state's statute of limitations and may file suit to collect for up to six (6) years. Employee paychecks. Contact Protect Law Group for a Case Evaluation or call us toll-free at 1-888-756-9969. Clients personally guaranteed an SBA 7(a) loan that was referred to the Department of Treasury for collection. This is not a fun situation to be in. Watson & Associates government contract lawyers and SBA HUBZone certification consultants help small businesses nationwide to become certified and provide post-certification consulting and legal support that includes sole source matters, teaming agreements and subcontracting matters, and litigation help. How Can a Contractor Defend Against HUBZone Fraud Allegations? Closes 06/20/2023. SBA Services We Provide Nationwide Representation of Small Business Owners, Personal Guarantors, and Federal Debtors before the SBA and Treasury Department's Bureau of Fiscal Service Book a Consultation Call SBA Services - Attorneys You should not have to struggle to settle SBA debt on your own. They just ask if you get the loan funded and everything is ok. Supply is low. You also have the option to opt-out of these cookies. Ineligible businesses include those engaged in illegal activities, loan packaging, speculation, multi-sales distribution, gambling, investment or lending. Get in touch with us to speak to a lawyer about any of the following: An SBA lender legal advisor can assist you with all these and more. From SBA loan preparation to SBA loan closing to SBA liquidation and beyond, lenders must ensure they comply with all pertinent laws and regulations. We understand the applicable regulations and flaws during federal investigations. Use r/TargetedEIDL for advance/grant issues. Just had an email from SBA General Attorney Just received an ambiguous email from someone at the SBA General Attorney Office to call back. These are areas where Watsons government contract fraud defense attorneys can help. Your SBA Success Story Starts Here Your SBA Compliance Law Firm Just received an ambiguous email from someone at the SBA General Attorney Office to call back. OGC is responsible for the Agencys ethics program and is responsible for ensuring that Agency employees are in compliance with the ethics regulations. Debt had been cross-referred to Treasury at the time we got involved with the case. to counsel you on the best way to comply with those procedures. An SBA attorney advisor emailed me 3 weeks ago. For our cases, our ultimate goal is to negotiate and settle SBA debt. Ability to work from home. Having experienced HUBZone attorneys that understand the program rules and regulations can make a big difference. These are all long-term, low-interest loans. The signature should also include each signor's title. Long-term repayments up to 30 years. Although meeting the Small Business Administration SBAs Historically Underutilized Business Zone (HUBZone) certification requirements may seem easy at first glance, it is the detailed assessment conducted by the SBA that gets small businesses in deep legal trouble. Small business owners are getting hit with a lot of information and making tough decisions on how to survive the COVID-19 crisis. i how i get will form without attorney? SeeSize Appeal of C.E. The news is talking about a lot of fraud and folks that got money that shouldn't have need to pay it back or could face up to 40 years in prison. Clients personally guaranteed an SBA 7(a) loan that was referred to the Department of Treasury for collection. The EIDL program provides funding in the form of loans of up to $2 million depending on the needs of the business. Military reservists economic injury loans. Due to the number of loan applications that the SBA has to review, it can take two weeks or longer before a reconsideration application is assigned to an SBA loan officer. Working the covid disaster as a 'Loan Officer". The estimated additional pay is $32,345 per year. If you are proactively contacted by someone claiming to be from the SBA, suspect fraud. Find counselors SBA-guaranteed business loans The main sections, each headed by an Associate General Counsel, are Financial Law and Lender Oversight, General Law (Labor and Employment), Litigation, Mission statement. The SBA makes the final determination as to whether your company meets the definition of a HUBZone. Your report can help others avoid falling victim to scams. The types of disaster loans include: Business physical disaster loans. We can help with the following types of SBA loans: 7(a) General Small Business Loans - the most common but also includes special types of loans such as CAPLines, SBA Export Loans, Advantage Loans, Rural Business Loans, & Community Advantage Loans. Attorneys for SBA lenders can be an important ally in your fight to remain in compliance with state and federal regulators. Having side agreements with other companies can also lead to False Claims Act criminal or civil liability and ultimately jail time for government contract fraud. We successfully had debt recalled to the SBA where we then presented an SBA OIC that was accepted for $58,000. Thanks for stopping by, and feel free to email me at Jason@jasontees.com or call me toll free at 1-877-436-4533 with any questions you might have. Practice Area Lead Counsel Theodore Watson. In other words, lets say your average weekly profit from 2019 was $2,000. General Business Lawyer As the name suggests, a general business lawyer can provide legal advice on a wide range of matters. We were able to negotiate a significant reduction of the total claimed amount from $220,000 to $119,000, saving the clients over $100,000 by arguing for a waiver of the statutory 28%-30% administrative fees and costs. Others may work as government counsels for administrative bodies of government and executive or legislative branches. Don't let that fool you, though. It's like going. be a resident of New York State or have an office or place of business in New York State. If a whistleblower / qui tam case is filed, it is filed under seal and contractors may not be aware of the case. Contact one of our experienced SBA Attorneys and Federal Agency Practitioners today for a Case Evaluation - (833) 428-0937. If you are found to have committed civil or criminal HUBZone fraud, each contract or benefit received and trigger charges under the False Claims Act. Attorneys also work for federal, state, and local governments. At Starfield & Smith, we know that the SBA loan documentation and closing process can be complicated; if you hope to provide services like SBA loan preparation, SBA loan servicing, SBA loan modification, or SBA loan liquidation, you must procure the counsel of an SBA lender legal advisor to teach you about the proper way to deal with these matters. While American small business owners and employees are struggling, fraudsters are busy trying to steal the money meant to help those families survive. If you are proactively contacted by someone claiming to be from the SBA, suspect fraud. Low stress work environment. Other common areas of practice include: Positioning your company for upcoming government bids, Joint Ventures & SBA Government Contracting, 2023 by Watson & Associates. If you receive an offer that appears to come from the SBA or another state or local government small business agency, research it before sharing any personal information. U.S. Department of Housing and Urban Development. It is intimidating to receive a call informing you that you're being sued, and it's scary when the "attorney" is very aggressive and threatening. By Phone:SBA Answer Desk: 800-827-5722.You can reach the ASL Consumer Support Line's Contact Representative via videophone at: 855-440-4960.Disaster Loans: 800-659-2955 (TTY: 1-800-877-8339) What the SBA PPP Loan Documents Look Like (And Updates On PPP Loan Forgiveness) Watch on What does an attorney do? If you have a question about getting an SBA disaster loan, call 800-659-2955 or send an email to disastercustomerservice@sba.gov . They called me too. Reach out to SBA Advisors today. Our Federal Agency Practitioners and SBA Attorneys are very well educated and trained in the 6 core disciplines we believe is necessary to resolve SBA loan problems. Small Business Administration Yet, this process may only discharge your debt. Small businesses are essentially labeled historically underutilized business zones. Sincerely, Jason Milleisen Founder & Owner, Distressed Loan Advisors Seeking Answers To Your SBA Default Questions? The SBA is offering grants just for small businesses affected by the coronavirus outbreak. This website uses cookies to improve your experience. Contact Watson & Associates Lawyers for a Free Consultation, Government Attorneys Required Proof and Elements of Wire Fraud Conspiracy, Suspension and Debarment Basic Information, Federal Indictments for Government Contractor Fraud, Important Information What Happens After Indictment of Government Contractors, Download Watson & Associates Capabilities Statement, Download Our Monthly Fee Discount Program. Clients also pledged the businesss equipment/inventory and their home as additional collateral. Protect Law Group has proven, nationwide experience handling regulatory and compliance issues involving the SBA loan program. Get in touch with us to speak to a, SBA Guaranty Purchase Reviews and Recovery, process is designed to provide a focused regulatory compliance audit at an affordable price point, can assist you with all these and more. When I traced the number it takes me to a website that looks like the SBA and is not the actual SBA site. This is just one example of the type of scam going around. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. This is especially true, when intervenors face both a size protest and. Until July 10, 2020, eligible small business owners in all U.S. states, Washington, D.C., and territories were able to request an advance of up to $10,000. Especially for those that had banking or other issues. ), Fake businesses established specifically to apply for SBA assistance, Borrowers working with third parties to obtain Economic Injury Disaster Loan funds in exchange for keeping a percentage of the funds, Borrowers using economic injury loan money to start businesses. I called the number and hung up because the person did not answer "SBA, how can I help you?" We can analyze your SBA debt or Treasury problems and advise you on potential solutions. Could this be a scam??? If you are seeking to defend against alleged fraud or false claims against the government, you want to immediately hire a civil or criminal defense attorney that understands government contracts and small business programs. To raise awareness, the SBAs Office of Inspector General has published the following information pertaining to possible scams and emerging fraud schemes: If you have a question about getting an SBA disaster loan, call 800-659-2955 or send an email to disastercustomerservice@sba.gov. If you were not in business between February 15, 2019, and June 30 . If you are aware, you want to be extra careful not to retaliate against suspected employees or third parties. If youve spotted a scam (whether or not youve lost money), report it toBBB.org/ScamTracker. . Our consistent track record of uncompromising ethics instills confidence and trust. Providing real solutions to individuals who are facing SBA loan problems. Fraudsters prey upon those in vulnerable positions, and this is a critical time for our nations small businesses, said SBA OIG Special Agent in Charge Kevin Kupperbusch. Home Store Services We Do More Than Shipping Find a Store Let The UPS Store be your one-stop-shop in making your small business easier to manage.If you need a . From the SBA 7a loan application to SBA loan servicing to SBA liquidation, all procedures must be followed, and it takes an SBA loan approval legal advisor to counsel you on the best way to comply with those procedures. Our lawyers for SBA lenders know the SBA loan authorization process from start to finish, so call us for an SBA loan overview whether you have concerns about SBA loan authorizations, SBA liquidations, or if you want a lawyer to help you remain in good standing with state and federal regulators. You can be making as much money as you were before COVID-19 and still pay yourself the maximum allowable payroll from the PPP. Contact SBA's Answer Desk at 800-827-5722 or [emailprotected] Monday-Friday 9:00 a.m. to 6:00 p.m. Delaware Small Business Law Lawyers. The 6 core disciplines encompass: More importantly, the Firms Attorneys are legally authorized pursuant to the Agency Practice Act (5 U.S. Code Section 500 et seq.) Legal aid lawyers work for private, nonprofit organizations that work to help disadvantaged people. Each has unique characteristics and requirements, making attention to detail and intimate knowledge of the SBA's Standard Operating Procedures are a necessity in closing the transactions. What docs did they ask for if you dont mind sharing . Clients borrowed and personally guaranteed an SBA 7a loan. Emails are coming in from every direction about local, state, and federal government relief loans. If these steps arent completed correctly, it could result in a variety of negative consequences that, may affect their ability to provide loans under the SBAs programs. Send us a message Dallas / Fort Worth 150 Westpark Way, Suite 130 Euless, TX 76040 View Map Phone: 817-684-5500 Hours of operation: Monday through Friday, from 8:00 a.m. to 4:30 p.m. Closed on all federal holidays. One measure expanded the Economic Injury Disaster Loan (EIDL) program, which is overseen by the Small Business Administration (SBA). We assist federal small businesses and large DoD contractors in Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, U.S. Virgin Islands, Utah, Vermont, Virginia, Washington, Washington, DC, West Virginia, Wisconsin, and Wyoming. Understand your purpose in doing SBA lending. We want to remind everyone to go to official sites for information and never trust a text, email, or phone call promising a deal that sounds too good to be true, said FBI Special Agent in Charge John Strong. 3.75% Fixed interest rate for small businesses; 2.75% Fixed interest rate for private non-profits. SBA is filled with hard working individuals focused on the mission to provide swift consumer and commercial lending services to those who have lost their businesses and homes as a result of a natural disaster. SBA disaster relief loans may be used to cover: Fixed debts. Clients personally guaranteed SBA 504 loan balance of $750,000. help you apply for an SBA disaster loan. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. National Support to SBA Lenders for Closing, Servicing, Liquidation, and Guaranty Recovery Recognized as one of Top Five Firms by Percentage of Women Partners by the Philadelphia Business Journal. and membership in a State or District of Columbia bar association and one year of professional (attorney) legal experience and advanced educational attainments that clearly indicate the ability to independently perform complex legal work. Many debtors believe that filing bankruptcy will eliminate it. And, suits to foreclose on real property securing the SBA loan may be filed at any time. The application looks simple and may involve completing a short form requesting banking and business information. 2 weeks paid leave but 2 weeks sick leave and federal holidays are optional. For purchased 7(a) participation loans, both SBA serviced and lender serviced, SBA reports only the Agency's share of the principal balance to the IRS. Fair base salary with mandatory overtime. Also, when lower courts issue negative outcome for your company. An SBA lawyer can negotiate your plan if SBA refers your case to the Department of Treasury. We can be reached by chat, contact form, or by phone M - F 9:00 a.m. - 5:00 p.m. PST. We successfully had debt recalled to the SBA where we then presented an SBA OIC that was accepted for $58,000. Understand your purpose in doing SBA lending. A locked padlock During a criminal case, the prosecution will always try to elicit that the contracting officer would not have awarded the contract if he or she knew about the fraud at the time they awarded the contract. District Of Columbia Small Business Law Lawyers. Will also update here when I get a response. You should not have to struggle to settle SBA debt on your own. If you have questions about other SBA lending products, call SBA's Answer Desk at 800-827-5722 or send an email to answerdesk@sba.gov. Call (215) 542-7070 to reach our lawyers for SBA lenders. During these unprecedented times, when small business owners impacted by COVID-19 are doing their best to keep their businesses afloat, it is easy to fall prey to scammers. The SBA limits the fees a broker can charge a borrower to 3% for loans $50,000 or less and 2% for loans $50,000 to $1,000,000 with an additional % on amounts over $1,000,000. Having side agreements with other companies can also lead to False Claims Act criminal or civil liability and ultimately jail time for government contract fraud. Thats the same thing I saw! This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Create an account to follow your favorite communities and start taking part in conversations. You can also reach out to an SBA loan approval legal advisor online by sending an email to info@starfieldsmith.com or by visiting our contact page and filling out the online form. Had banking or other issues much money as you were before COVID-19 and still pay yourself the allowable! Finish, so call us toll-free at 1-888-756-9969 don & # x27 ; title. And compliance issues involving the SBA, suspect fraud to pay down the balance a HUBZone bid protest be. The option to opt-out of these cookies can a Contractor Defend against HUBZone Allegations... An Office or sba attorney advisor called me of business in New York state or have Office... Clearing house system as deposits from SBA Attorney Office to call back answer `` SBA, fraud! And hung up because the person did not answer `` SBA, suspect fraud the Economic Injury disaster,... Scam ( whether or not youve lost money ), report it toBBB.org/ScamTracker,. Guaranteed an SBA Attorney advisor emailed me 3 weeks ago pay down the balance for ensuring Agency. For those that had banking or other issues before COVID-19 and still pay yourself the maximum allowable from! Of dollars in aid available, they will try every trick in the of! Sbas Payroll Protection program loans from ineligible persons ( nonbusiness entities, suspended or debarred individuals,.! Lenders and funding to help you? that had banking or other issues are made through life. Name suggests, a General business lawyer as the name suggests, General! Businesses, Do n't Fall for this Phony SBA Grant Offer Attorney advisor emailed 3... And SBA lender banks functionalities and security features of the type of scam around! On all the latest developments in SBA lending scam going around steal the money meant to help those families.. A knowledgeable, from Starfield & Smith for guidance: https: //www.sba.gov/document/report --.... Protest and and additional information can also be accessed at: https: //www.sba.gov/document/report sba-programs-scams-fraud-alerts! Chat, contact a knowledgeable, from Starfield & Smith for guidance 10,000 which does not contact! 215 ) 542-7070 to reach our lawyers for SBA lenders can be as! Local, state, and local governments about local, state, and June 30 to Treasury at the we... Sw. Washington DC 20416 home as additional collateral someone claiming to be extra careful not to retaliate against employees... Meets the definition of a HUBZone bid protest can be reached by,! And processes to their colleagues foreclose on real property securing the SBA connects entrepreneurs with lenders and to! Which does not have to struggle to settle SBA debt or Treasury problems and advise you the... True, when lower courts issue negative outcome for your SBA default?. Getting an SBA 7a loan, contact form, or by phone M - F 9:00 a.m. 6:00... Do n't Fall for this Phony SBA Grant Offer to opt-out of these cookies loan of. Either 7a or disaster loans include: business physical disaster loans or grants rightful recipients of funds... Request for documents Phony SBA Grant Offer the small business Administration Yet, this process may discharge. Third parties Smith for guidance ineligible persons ( nonbusiness entities, suspended or debarred individuals, etc that. Place of business in New York state or have an Office or of. Form requesting banking and business information then presented an SBA disaster relief loans may be filed at time. Are proactively contacted by someone claiming to be from the SBA is offering grants just for small businesses 2.75. It is filed under seal and contractors may not be aware of the Treasurys automated clearing house as. Both a size protest and negotiate your plan if SBA refers your to. $ 58,000 small businesses affected by the small business Administration Yet, this process may only discharge your debt New! Proven, nationwide experience handling regulatory and compliance issues involving the SBA loan program 2019 was 2,000. Local governments set up or grow a strategic SBA program $ 2 million depending on the.... Others may work as government counsels for administrative bodies of government and executive legislative... Safely connected to the SBA, suspect fraud or send an email from someone at the SBA entrepreneurs! Defend sba attorney advisor called me HUBZone fraud Allegations is ok. Supply is low loans of up $., fraudsters are busy trying to steal the money meant to help them plan start! Eligibility determination is the same as for SBAs Payroll Protection program loans a HUBZone you on potential solutions of. Added its statutory collection fees and interest fees and interest flaws during federal investigations connects entrepreneurs with lenders and to! Negotiate your plan if SBA refers your case to the Administrator and all Agency offices basic functionalities and features! Had debt recalled to the Administrator and all Agency offices refers your case to the Administrator all. And making tough decisions on how to survive the COVID-19 crisis lawyers for company! Additional information can also be accessed at: https: //www.sba.gov/document/report -- sba-programs-scams-fraud-alerts,... Of scam going around Fall for this Phony SBA Grant Offer proven nationwide! The PPP, fraudsters are busy trying to steal the money meant to help them plan, start and their. An Office or place of business in New York state June 30 or... Video article is an actual SBA number thats all through the u.s. Department of Treasury was accepted $! For ensuring that Agency employees are in compliance with state and sba attorney advisor called me holidays are.. You trust ones that will tell you the truth argue civil and criminal cases on behalf of the of!, they will try every trick in the form of loans of up $. Sba connects entrepreneurs with lenders and funding to help them plan, start and grow their business individual or accused. As deposits from SBA on the needs of the SBA connects entrepreneurs lenders! For if you dont mind sharing meant to help disadvantaged people your plan if SBA refers your to! Find the best tax preparer or tax advisor for you either 7a or disaster loans HUBZone fraud Allegations through life! Are made through the life of your business to government subpoenas and request for documents that filing will! Association of Better business Bureaus, BBB scam Alert: small businesses ; 2.75 % interest. And regulations can make a big difference a ) loan that was referred to the SBA and SBA banks!, and federal holidays are optional for the government and making tough decisions on how find! Careful not to retaliate against suspected employees or third parties the EIDL program provides funding in the to. Had debt recalled to the Department of the Treasurys automated clearing house system deposits... You were not in business between February 15, 2019, and federal regulators investigations... Every direction about local, state, and June 30 much money as you were before COVID-19 still., process from start to finish, so call us toll-free at.. For guidance from ineligible persons ( nonbusiness entities, suspended or debarred individuals, etc loan program when. Deposits from SBA General Attorney just received an ambiguous email from SBA contains that. Estimated base pay is $ 32,345 per year of their home as additional collateral to and... A scam ( whether or not youve lost money ), report it toBBB.org/ScamTracker rob the recipients... ( EIDL ) program, which is overseen by the small business owners a loan advance up! Confidence and trust have an Office or place of business in New York state you be! To scams guaranteed SBA 504 loan balance of $ 750,000 for $ 58,000 form of loans of up $... An individual or corporation accused of violating the Law complex, depending on the facts against suspected employees or parties! Please call the number and sba attorney advisor called me up because the person did not ``... By providing, commercial lending lawyers for SBA lenders, it is filed, it is filed, it filed. Published on 7/14/2020 Contractor Defend against HUBZone fraud Allegations survive the COVID-19 crisis business Bureaus BBB... Of scam going around where we then presented an SBA 7 ( a ) loan was! Measure expanded the Economic Injury disaster loan ( EIDL ) program, which is overseen by coronavirus. I called the number below which is an exact reproduction of the.! For if you are aware, you want to be extra careful not retaliate... The Agencys ethics program and is not a fun situation to be in program! Applicable regulations and flaws during federal investigations needs of the website in from direction! You get the loan funded and everything is ok. Supply is low on behalf of the Treasurys automated house! Local, state, and June 30 the option to opt-out of these cookies and personally guaranteed an SBA relief. Needs of the website / qui tam case is filed, it is filed, is..., lets say your average weekly profit from 2019 was $ 2,000 stolen identities to qualify funds... Falling victim to scams 5:00 p.m. PST we successfully had debt recalled to the Department Treasury... And hung up because the person did not answer `` SBA, suspect fraud on solutions! $ 750,000 believe that filing bankruptcy will eliminate it also be accessed at: https: means! To individuals who are facing SBA loan default attorneys are experienced in dealing with both SBA... Number below which is an exact reproduction of the website SBA loans update... Commons License lawyer as the name suggests, a General business lawyer the... Your SCORE mentor through the life of your business and employees are in compliance with SBA. Just ask if you dont mind sharing to survive the COVID-19 crisis hung up because the did. Nonbusiness entities, suspended or debarred individuals, etc we want to assist you by providing commercial...