A new report details how small businesses that tapped the SBA's EIDL program during the pandemic are facing greater financial challenges than companies that didn't turn to the offering for support.
A Small Business Credit Survey report from the 12 Federal Reserve banks shows that small businesses that haven’t paid off COVID-19 Economic Injury Disaster Loans are in worse shape than other small ...
After scammers made off with billions of dollars in pandemic-era emergency loans that were supposed to go to small businesses, the federal agency responsible for running that program is now giving up ...
The agency is left with few options when it comes to selling collateral tied to a popular Covid-19 relief program. Here's where it's turning for help. The U.S. Small Business Administration needs help ...
At Teddy & The Bully Bar restaurant near downtown Washington, DC, business has never been the same since the pandemic hit. “It’s very challenging,” owner Alan Popovsky said. “I’m still going to be ...
A roughly $370 billion pandemic program provided financing to cash-strapped businesses. Now, top federal watchdogs are worried that a significant portion of the money won’t be repaid. Three years ...
The Small Business Administration’s (SBA) oversight office released new findings, estimating that tens of billions of dollars disbursed by the agency through pandemic loans programs intended to help ...