The U.S. Small Business Administration is warning loan applicants of an email scam.
According to the SBA, multiple sources have identified a phishing attempt to extract personal information from a loan applicant, and clicking on links in the email could lead to a loss of personal or financial information. The email is addressed to “Valued SBA Applicant” and signed by SBA’s Office of Disaster Assistance (ODA).
The email then asks applicants to verify their account “due to high fraudulent claims and identity theft cases used by hijackers recently in regard to loan applications.”
The SBA is reminding applicants that valid emails come with an address ending in sba.gov. Applicants should confirm the application number and not click on any links or open attachments unless they are sure of the recipient.
More information on email phishing scams can be found at https://www.sba.gov/blog/be-alert-about-email-phishing-scams-bad-actors-seeking-take-advantage-through-sba-loan-application.
Loan applicants who encounter this or similar activity can report it to SPAM@sba.gov.