Beware of SBA Loan Scams Related to COVID 19 Assistance

Beware of SBA Loan Scams Related to COVID 19 Assistance

Beware of scams related to COVID 19

Be Skeptical of SBA Loan SCAMS: This week we were informed of a scam that was being sent to business owners with a link for them to complete a specific SBA form that required the applicant to submit their social security number. People were receiving this scam that had not even applied yet. If you have a question about someone contacting you, keep some things in mind.

– Don’t release any private information (especially Social Security numbers, credit card information, or banking information) in response to an unsolicited call, letter, or email.
– Do a reverse search of the phone number on the internet–you’ll often find that several people have listed the number as belonging to scammers. Ask for the number if you don’t have caller ID.
– Legitimate government entities will have websites and emails that end with .gov such as http://www.sba.gov/
– Search “scam” or “scams” on http://www.sba.gov/ You’ll find many of the scams that we already know exist.

A good thing to keep in mind is that, “If something sounds too good to be true, it probably is too good to be true.” Visit SBA for additional information: https://www.sba.gov/content/beware-scams

‪The #Scranton #SBDC business consultants are ready to assist #NEPA #smallbusiness owners businesses facing losses related to #COVID19. If you need of assistance please contact sbdc@scranton.edu to connect with our consultants or visit www.scrantonsbdc.com.

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