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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...
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.
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 ...
The federal government will be recovering past-due loan payments following a policy reversal. The Biden administration has stepped up its efforts to recover business loans distributed during the COVID ...
After years of deliberation, the Small Business Administration has decided that it will not sell one of its pandemic-era loan portfolios–one that has an estimated default rate in the double-digits. It ...
NEW YORK (AP) — In 2020 and 2021, COVID-19 Economic Injury Disaster Loans were a lifeline for small businesses. But now some small businesses are having trouble paying them off. And a Small Business ...
A Ventura County man who schemed with an Orange County man to illegally acquire disaster relief funds was sentenced today to 51 months in federal prison for fraudulently obtaining more than $1 million ...
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