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What happens if you can’t repay your SBA loan?
SBA debt forgiveness may be taxable: If a lender forgives part of your debt, you may receive a 1099 form for that amount. The ...
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Is your SBA loan in default? Forgiveness is possible
As with any loan, borrowing money from the U.S. Small Business Administration (SBA) means you have a legal obligation to repay that money. Repeatedly missing payments or failing to meet your loan ...
President-elect Donald Trump and former SBA Administrator Linda McMahon. Illustration: Inc.; Photo: Getty Images Welcome to this week’s Founder Focus! I’m Melissa Angell, Inc.‘s policy correspondent, ...
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