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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 ...
Small Business Administration employees at the COVID-19 Economic Injury Disaster Loan Servicing Center (CESC) received an email Friday following a brief staff meeting notifying them they would be laid ...
The SBA's EIDL program has exhausted its funding. Here's a look at the outlook for additional Covid-19 relief for small businesses. It's been three weeks since the SBA announced the popular Economic ...
The Biden administration plans to more aggressively pursue thousands of small businesses with past-due pandemic loans, reversing an earlier policy that saw the U.S. government stop short in its ...
Despite pressure from lawmakers and pleas from business owners, the SBA said it won't seek permission to use up to $7 billion in remaining loan authority. Here's why and what it means for small ...
After years of deliberation, the Small Business Administration has decided that it will not sell one of its pandemic-era loan portfolios–one that has an estimated default rate in the double-digits. It ...
SBA Helps 4 Million Small Businesses Into Disaster Loans, Marking $390 Billion in Low-Cost Covid Aid
It seems that small-business owners who took out disaster loans from the U.S. Small Business Administration cut quite the deal as the Federal Reserve deploys historic measures to tame spiraling ...
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