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 ...
A Small Business Credit Survey report from the 12 Federal Reserve banks shows that small businesses that haven’t paid off COVID-19 Economic Injury Disaster Loans are in worse shape than other small ...
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.
The SBA has already charged off hundreds of millions of dollars of loans, and a prominent lawmaker is taking aim at the agency's stance on delinquent Covid-EIDL loans. These once-rare benefits are ...
The Small Business Administration distributed more than $200 billion in potentially fraudulent Covid-19 relief funds, according to a federal watchdog. The findings, released Tuesday by the SBA’s ...
At Teddy & The Bully Bar restaurant near downtown Washington, DC, business has never been the same since the pandemic hit. “It’s very challenging,” owner Alan Popovsky said. “I’m still going to be ...
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SBA is stepping up one aspect of its Covid-era collections effort. Here's what it means for businesses.
The Small Business Administration plans to step up its efforts to report more small-business owners delinquent on Covid-era loans to credit bureaus. The effort, for which the SBA will add ...
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 ...
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