The SBA EIDL Grants and PPP Loans were supposed to be for small businesses! Unfortunately, most of the funded went to people who defrauded the system by "making up" a business or lying on their application saying that they were an Agricultural business in order to expedite funds in 1-3 days. The SBA sent out millions of dollars to people who lied on their application instead of the money going to real businesses in distress. Unfortunately, people did not understand the level of seriousness that lying and mishandling FEDERAL FUNDS can have. The consequences are harsh including a felony, fines, and being barred from Federal programs such as: Section 8, Food Stamps, Cash Aid, FHA, Federal Student Loans, etc...No access to any federal funded program.If you filled out your application fraudulently or you let someone else fill it out, it is highly suggested that you return the funds to the SBA.
Send a Cashiers Check or Check with your SSN, Name, Business Name on it with a letter stating that you are REJECTING Funds, sign, date it, then mail to:
U.S. Small Business Administration
14925 Kingsport Road
Fort Worth, TX 76155
Questions contact the SBA at 1-800-827-5722 or online at www.SBA.gov
If you were a victim of the application scam, completed your own application falsely, or completed other people's application with misleading or false information, you will need LEGAL ASSISTANCE. The NAA Worldwide has a legal help line established. They can be reached at 1-800-514-3010 ext 202 or email them at naalegalhelpdesk@naaworldwide.com
If you knowingly or unknowingly completed an Unemployment Application fraudulently, you can seek legal assistance by calling 1-888-700-0093.