The Small Business Administration approved about 4.1 million EIDL loans across 2020, 2021 and 2022 for a total of $397.5 billion. Hundreds of thousands of small-business owners that took Covid-19 ...

The Republican majority staff of the House Committee on Small Business issued a report detailing accusations of widespread ...

While the EIDL was a lifeline for many ... the loan for risky ventures that might not have been approved through traditional business loans. The hope was that the extra cash would help them ...

The COVID-19 pandemic caused unprecedented impacts around the world including stay-at-home orders, curfews, quarantines, and ...

The new round of funding includes $310 billion for the Small Business Administration's Paycheck Protection Program, with $60 billion set aside for small lenders and community financial institutions. A ...

Based on these fraudulent representations, the SBA approved two loans totaling approximately $300,000. Instead of using the ...

A man named Stephen L. Gurba, 68, from Belleair, Florida, has been indicted for committing serious fraud related to loans meant to help businesses during the COVID-19 pandemic. This case reveals how ...

A man who used to live in New Jersey has admitted to using millions of dollars in COVID relief loans to buy a luxury home, new truck and other expensive personal items. Kevin Aguilar, 54, formerly ...

These small-business loans are typically issued by banks and other approved lenders, however, not the government itself. Instead, the government backs a portion of the loan and repays the lender ...

A new small business is always looking for ways to prop itself up in the short term so the founders can get closer to ...

Physical damage loan folks can get up to $2 million and for our economic injury disaster loans they can also get ... said Accurso. Once approved for the loan, recipients will have one year with ...