The Small Business Administration has announced that the information of nearly 8,000 business owners applying for the SBA Disaster Loan Program may have been exposed to unauthorized users on March 29. This incident did not affect applicants for the the Paycheck Protection Program. The SBA has notified affected business owners and offered them a year of free credit monitoring. It says that the vulnerable part of their system has been disabled. Attorneys at Taft recommend that business owners that applied for relief through the Disaster Loan Program check their accounts and review their credit reports for any unusual or unauthorized activity.
