Data breach may have exposed personal information of thousands of SBA emergency loan applicants

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Nearly 8,000 applicants may have seen identifiable details of other applicants before the SBA fixed and relaunched the site.

a community of 17,000 small-business owners tracing information on government loans. Personal information may have included names, social security numbers, addresses, birth dates, emails, phone numbers, citizenship status and insurance information, among other details. The letter, which was dated April 13, said there were no signs that the information had been misused.

The SBA did not immediately answer questions about how long the breach had lasted or how it had been discovered. Businesses that may have been affected were notified by the SBA and offered one free year of credit monitoring.strained allocated funding and kept businesses waiting weeks, rather than days, for money. The loans are primarily meant to help small businesses cover rent or other expenses before larger loans come their way and are designed to be disbursed within three days of an application.

 

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