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SBA loan forgiveness for PPP, EIDL and 7(a) loans

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
JD Supra

CARES Act provides relief for small businesses through SBA loans and programs

The CARES Act has given funding and authority to the Small Business Administration (SBA) to help small business through three new programs: Paycheck Protection Loans, Economic Injury Disaster Loans, ...
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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 ...
KTTC

U.S. Small Business Administration bans nearly 7,000 Minnesota borrowers from loan programs

On Thursday, Administrator of the U.S. Small Business Administration (SBA) Kelly Loeffler announced on X that the SBA has ...
Piscataquis Observer

SBA launches disaster relief to small businesses and nonprofits hit by cold and moisture

WASHINGTON, D.C. — The U.S. Small Business Administration announced the availability of low interest federal disaster loans ...
Albert Lea Tribune

SBA suspends nearly 7,000 Minnesota borrowers over suspected COVID relief loan fraud

The Small Business Administration Thursday suspended 6,900 Minnesota borrowers over suspected fraud tied to two COVID-era small business lending programs, according to Administrator Kelly Loeffler.