Tag: Small Business Administration Disaster Assistance Loans

Missouri woman pleads guilty in PPP Loan fraud

A Missouri woman, Venester Fayne, pleaded guilty to wire fraud and money laundering related to COVID-19 relief programs. She submitted false tax documents to secure $600,284 in PPP and EIDL loans, misusing funds for personal luxury expenses. Sentencing is scheduled for February 18, 2025, with a potential 30-year prison term.

SBA Economic Injury Disaster Loans Available to Kansas Small Businesses

Small nonfarm businesses in 64 Kansas counties and neighboring areas can apply for federal disaster loans due to drought. Loans of up to $2 million are available for economic losses, with favorable interest rates and repayment terms. Agricultural enterprises should seek assistance from the U.S. Department of Agriculture, while nurseries are eligible for SBA assistance in drought disasters.

Governor Kelly Announces Disaster Assistance For Kansas Businesses

Governor Laura Kelly was joined today by David Toland, Secretary of Commerce; Delía García, Secretary of Labor; David Herndon,...