Millions of the Small Business Administration's Covid EIDL loans are now coming due, and experts say borrowers have few options if they can't pay. Overall, the SBA approved about 3.9 million loans for ...
The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes several provisions that offer relief for small businesses that have been affected by the economic stress created by the ...
After scammers made off with billions of dollars in pandemic-era emergency loans that were supposed to go to small businesses, the federal agency responsible for running that program is now giving up ...
The disclosure comes as a new audit contends the agency is struggling to properly track all of its loans. The Small Business Administration has again written off billions of dollars in Covid-era small ...
WASHINGTON -- A Small Business Administration program that issued fast-access grants to help companies weather the coronavirus pandemic paid out $4.5 billion more than it should have because ...
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WEST PALM BEACH, Fla. (CBS12) — Six individuals were arrested for allegedly misappropriating nearly $3 million from emergency funds meant for COVID-19 recovery. A multi-agency investigation found the ...