DOGE said that, in one instance, a person listed as 157 years old received $36,000 in loans. The U.S. has approximately 100,000 centenarians, according to the Pew Research Center, none of whom ...

Small-dollar loans offer a new and more affordable alternative to payday loans. Last Updated: April 16, 2023 at 7:03 a.m. ET First Published: April 11, 2023 at 8:10 a.m. ET. Share.

For 504 loans: Have qualified management expertise and a feasible business plan. The tangible net worth of the two prior years is less than $20 million, and the average net income is less than $6. ...

The Small Business Administration is turning back the clock on its lending practices. Here's what it means for small ...

The delinquency rate for business loans fell for the eighth straight quarter in 2011 Q4 to 1.59%, the lowest rate since the first quarter of 2008, and the charge-off rate fell to 0.66%, the lowest ...

Fixed interest on the loans — 3.75% for small businesses and 2.75% for nonprofits — continued to accumulate during that time. Unlike the COVID-era federal Paycheck Protection Program, disaster ...

Small Business Administration out of disaster relief funds 00:21. The Small Business Administration has run out of money for its disaster assistance loans, delaying much needed relief for people ...

In 2020, when the US announced emergency loans to help small businesses struggling under Covid-19 shutdowns, funding went disproportionately to the higher-income zip codes of Louisiana’s capital.