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The SBA allocated more than $1 trillion through multiple programs to small businesses at the onset of the pandemic. The aftermath of that effort is still playing out. Here's what it means for ...
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 ...
The Small Business Administration will resume accepting applications on Monday for the Paycheck Protection Program, or PPP, and borrowers that have already applied will be back in contention, ...
The SBA’s decision left the real estate brokerage on the hook to repay about $1.4 million on the loan. So Bradfield has taken the unusual step of suing the SBA to obtain a court order that would ...
Suffolk OTB is suing the federal government because its $4 million pandemic relief loan wasn’t forgiven while those of four other off-track betting corporations in the state were, according to court ...
The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...
The U.S. Small Business Administration was the lifeline for millions of companies during the COVID-19 pandemic, guaranteeing zero-interest loans and forgiving them if the money was used for payroll ...
SBA Administrator Kelly Loeffler said an immediate fee increase was necessary to boost revenue collected by its flagship 7(a) program. The Small Business Administration, saying that it needs to shore ...
For more than 20 years, Carolyn and Tracy Wade worked as deputies in the Broward County Sheriff’s Office. The couple also ran a funeral business on the side. When the COVID-19 virus hit in 2020, they ...
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