The Business Journals

SBA may not collect on some delinquent Covid-EIDL loans, but agency says borrowers will face consequences

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA has already charged off ...
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans

The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
Fast Company

Many small businesses haven’t paid off their COVID-19 EIDL loans

In 2020 and 2021, COVID-19 Economic Injury Disaster Loans (EIDL) were a lifeline for small businesses. But now, some small businesses are having trouble paying them off. And a Small Business Credit ...
The Business Journals

Covid-19's debt trap: Past relief programs have led to years of headaches for many businesses

The SBA Covid EIDL loan was a lifeline for millions of businesses during the pandemic. For businesses that aren't careful, it could be a costly albatross. Robert Laney, director of 1st-Air.Net Inc, ...
The Hill

Over $200B in COVID-19 business loans paid to ‘potentially fraudulent actors’: watchdog estimates

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 ...