Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...
The SBA allocated more than $1 trillion through multiple programs to small businesses at the onset of the pandemic. The aftermath of that effort is still playing out. Here's what it means for ...
The SBA has been working to include lending to underserved business owners for years. The number of Small Business Administration loans to Black-owned businesses has nearly doubled over the past six ...
An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...
The U.S. Small Business Administration properly refused to forgive an Oregon fruit processor’s $2 million COVID relief loan, ...
The SBA’s decision left the real estate brokerage on the hook to repay about $1.4 million on the loan. So Bradfield has taken the unusual step of suing the SBA to obtain a court order that would ...
The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...
The U.S. Small Business Administration was the lifeline for millions of companies during the COVID-19 pandemic, guaranteeing zero-interest loans and forgiving them if the money was used for payroll ...
SBA Administrator Kelly Loeffler said an immediate fee increase was necessary to boost revenue collected by its flagship 7(a) program. The Small Business Administration, saying that it needs to shore ...
Kelly Loeffler plans to take “a hard look” at the Small Business Administration’s flagship 7(a) lending program, should she be confirmed as the agency’s next chief. During a Wednesday hearing before ...