Earlier this year, SBA removed about 700 firms from its 8(a) program – rooting out those that did not qualify as “economically disadvantaged,” as well as those who refused to share basic financial data for review.
Today, we shared those firms with @USGSA, which will scrutinize their past government contract awards for potential fraud, improprieties, and financial misrepresentation.
The Trump SBA will not tolerate bad actors exploiting federal contracting programs at the expense of honest small businesses or American taxpayers.
FRAUD UPDATE: Today, SBA is referring nearly 700 noncompliant 8(a) firms to GSA for review to evaluate potential fraud in their government contracting history.
This action comes as part of SBA’s broader effort to restore accountability to the 8(a) Program for “socially and economically disadvantaged” small businesses.
legacy.sba.gov/article/2026/…
Oct 21, 2026 · 10:07 PM UTC
Look at this. Business's opened at the onset of COVID and then dissolved within 24 months after receiving funds.
Rogue Reaction Consulting, LLC Opened 1/15/2020
PPP Loans $25,000 May and June of 2020
EIDL LOAN $105,000
TOTAL COVID RELIEF FOR NEW BUSINESS $130,00
President: Curtis Luckett
PPP LOANS $25,000 June 2020 and April 2021
TOTAL INDIVIDUAL RELIEF FOR INDIVIDUAL $25,00
EIDL LOAN 102,000
Paradigm Business Solutions/Enterprises Inc Opened 1/31/2020 closed in 2022
EIDL LOAN $105,100
TOTAL COVID RELIEF FOR NEW BUSINESS CLOSED IN TWO YEARS $105,000
Solutions from Solomons Wisdom
EIDL LOAN $146,300
TOTAL COVID RELIEF FOR NEW BUSINESS CLOSED IN TWO YEARS
$508,400 Total in COVID RELIEF MONEY FOR BUSINESSES OPENED AT THE ONSET OF COVID AND INACTIVE AFTER TWO YEARS. HE IS ALSO THE FACILITATOR FOR PETKO AND SONS AND OTHER ENTITIES THAT DID NOT EXIST PRIOR TO COVID WITH A 10% CASH KICK BACK FOR FACILITATING.
Half Million taxpayers should be curious about.
