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

WASHINGTON, D.C. (NEXSTAR) – The US Treasury Department has finally made its Paycheck Protection Program public. Hedge funds, development corporations, large restaurant groups, all among the nearly 5 ...

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...

Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

BALTIMORE, Md. — Finding the perfect dress is a bride's dream, but at Elite Secrets Bridal, COVID-19 shutdowns nearly turned LaTonya Turnage’s small business into a nightmare. “I can't even put into ...

In March of this year, the SBA began referring around $20 billion in delinquent PPP Loans with balances of less than $100,000 to the Treasury Department for collection, and another 10,000 delinquent ...

Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.

While the COVID-19 pandemic may feel like a distant memory for many, its effects continue to reverberate for others—particularly for businesses that obtained loans through the Paycheck Protection ...

An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...