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Beware of Scams and Fraud Schemes
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The Office of Inspector General recognizes that we are facing unprecedented times and 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 Novel Coronavirus Pandemic (COVID-19). The Coronavirus Aid, Relief, and Economic Security (CARES) Act, the largest financial assistance bill to date, includes provisions to help small businesses. Fraudsters have already begun targeting small business owners during these economically difficult times. Be on the lookout for grant fraud, loan fraud, and phishing.
Report Fraud
Report any suspected fraud to OIG’s Hotline at 800-767-0385 or online at, https://www.sba.gov/about-sba/oversight-advocacy/office-inspector-general/office-inspector-general-hotline.
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Economic Injury Disaster Loan Program Is Still Available
COVID-19 EIDL Loan Application
APPLY HERE
Small businesses, private non-profits and agricultural businesses impacted by the Coronavirus (COVID-19) pandemic, can still apply for an Economic Injury Disaster Loan. EIDL proceeds can be used to cover a wide array of working capital and normal operating expenses, such as continuation to health care benefits, rent, utilities and fixed debt payments.
To learn more about the relief options available for your business, click here.
Did you take out a Paycheck Protection Program Loan? Here are four steps to apply for forgiveness:
- Contact your lender and complete the form
- Compile documentation
- Submit the forgiveness form and documentation to your lender
- Communicate with your lender throughout the process
Learn more
How to Market to the Federal Government Webinar Series
Export Compliance - Part 2: Incoterms
Are you exporting or planning to export? Are you familiar with Incoterms?
Learn to decode the secret language of Incoterms and how to make them work to your advantage in sales contracts during this international trade training seminar.
You will learn:
*What has changed and what is NEW
*How to choose the correct Incoterms rule
*Best rules for global purchasing and sales
*Apply Incoterms to domestic transactions
*Which rules require insurance and why
This is part 2 of a part 5 part export information series.
Where: Via Microsoft TEAMS platform (link to be sent upon registration)
When: Tuesday, November 17, 2020
Time: 9:00 am to 10:30 am
Register: tammi.bennett@sba.gov
Phone: 585-263-6700, Tammi Parsons, SBA
5 Part Series Includes:
Part 1: September 16,2020: Understanding Your Export Controls and Sanctions Regulations
Part 2: November 17: Incoterms
Part 3: February 9, 2021: Export Sales Contracts and Agent Agreements -
Practitioners Panel Discussion
Part 4: May 11, 2021: USMCA Part 1
Part 5: May 18, 2021: USMCA Part 2
Get Free Local Business Assistance
Times are tough for small businesses but SBA is here to help no matter where you are.
SBA's District Offices and Resource Partners like SCORE offices, Women’s Business Centers, Small Business Development Centers and Veterans Business Outreach Centers have trained experts who can help you craft a plan specific to your situation and navigate rapid changes in the marketplace.
Find Local Business Assistance near you
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