SBA Issues Warning Regarding Email Scams Targeting Loan Applicants

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The Small Business Administration (SBA) is cautioning the public regarding scam emails targeting applicants of the Economic Injury Disaster Loan Program. The scammers are asking applicants to verify their accounts using a third-party online platform.

Here are some tips that should help:

  • 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.
  • Legitimate government entities will have websites and emails that end with .gov.
  • Search “scam” or “scams” on http://www.sba.gov. You’ll find many of the scams that they already know exist.
  • Report scams. Report to the Better Business Bureau and the attorney general. If someone claims to be affiliated with the SBA, contact your SBA office.

For more information, contact the Umatilla Electric Cooperative Business Resource Center at 541-289-3000 or email uecbrc@gmail.com.