Many small businesses continue to face uncertainty over whether the Small Business Administration (SBA) will grant forgiveness of their Paycheck Protection Program (PPP) loans. Despite the vast ...
As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans ...
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 ...
A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...
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 ...
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 government has frozen a vast swath of COVID-era aid in Minnesota, triggering what officials describe as the largest mass suspension of Small Business Administration borrowers in U.S.