Hundreds of thousands of small businesses and millions of people have been waiting for a second round of Paycheck Protection Program (“PPP”) loans to keep businesses and professionals operational. The ...
The SBA is getting heat to provide additional information about ongoing delays in Economic Injury Disaster Loan payment processing. The EIDL program is used by businesses to pay fixed debts, payroll, ...
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Lawmakers probe SBA loans linked to Minnesota’s $9B fraud scandal: 'Reckless decision making'
House committee demands answers on alleged Minnesota pandemic fraud totaling up to $9 billion, targeting SBA relief programs under Gov. Tim Walz's watch.
Image: Getty. Illustration: Chloe Krammel. The Small Business Administration is expected to lift the cap on its Covid Economic Injury Disaster Loans (EIDL) sometime after Labor Day on September 6, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The end of the SBA's last big Covid-19 small business ...
The new House Resolution 1319, titled the American Rescue Plan Act of 2021, creates a $10,000 EIDL targeted advance that will be available to businesses and nonprofit organizations that previously ...
However, I am concerned about the issuing of these loans to companies that have survived and even thrived during the pandemic. The lackadaisical approval of these loans is far from a surprise, as the ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Here's what business owners need to know as the deadline ...
The U.S. Small Business Administration (SBA) released updated guidance Friday regarding applications for loans, advances, and appeal requests with the COVID-19 Economic Injury Disaster Loans (EIDL) ...
Small businesses that have been eagerly waiting for new information about a federal loan-advance program that would front them up to $10,000 in quick cash are finally getting an answer: Don’t call us, ...
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