In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide emergency financial assistance during the pandemic. The CARES Act included funding in the form ...
Congresswoman Elaine Luria (D-VA-02) is pushing the SBA for answers on how it responds to questions on Paycheck Protection Program loans and Economic Injury Disaster Loans. In a letter to SBA ...
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 ...
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 ...
Congressional Republicans are celebrating the Small Business Administration (SBA) collecting on COVID-19 loans after putting pressure on the agency to do so. Several GOP senators and House members ...
The U.S. Small Business Administration announced extended deferment periods for all disaster loans, including the COVID-19 Economic Injury Disaster Loan (EIDL) program, until 2022. All SBA disaster ...
As a resident in Los Angeles County, I’ve seen firsthand how challenging it’s been for small businesses to stay afloat during the recent period of civil unrest. The U.S. Small Business Administration ...
Rep. Roger Williams, chairman of the House Small Business Committee, has been critical of the Small Business Administration's handling of the EIDL portfolio. Nearly three years after a consultant ...
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