Scam Alert from the US Small Business Administration

Attention Local Businesses: Beware of Phishing Scams Targeting EIDL Loan Forgiveness

It has come to our attention that small businesses in our area are being targeted by fraudulent letters and emails requesting sensitive financial and banking information under the guise of EIDL loan forgiveness. This is a SCAM.

EIDL forgiveness does not exist. (Economic Injury Disaster Loan) [https://www.sba.gov/funding-programs/loans/covid-19-relief-options/covid-19-economic-injury-disaster-loan/manage-your-eidl]

Should you have questions about the PPP (Paycheck Protection Program) Loan Forgiveness, visit https://www.sba.gov/document/sba-form-3508s-ppp-3508s-loan-forgiveness-application-instructions.


Yolanda Devine Johnson, Business Advisor
Alabama Small Business Development Center
Email: Yolanda.johnson@ua.edu
Schedule conference calls at: www.calendly.com/yolanda-johnson