A new report details how small businesses that tapped the SBA's EIDL program during the pandemic are facing greater financial challenges than companies that didn't turn to the offering for support.
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 ...
Adolphus Obioha told a federal judge he made an honest mistake when he applied for a pair of small-business loans totaling more than $426,000 during the height of the COVID-19 pandemic. In his loan ...
Governor Andy Beshear announced that the U.S. Small Business Administration has approved disaster loans to aid businesses ...
WASHINGTON (7News) — A D.C. woman pleaded guilty to her role in defrauding $1.5 million in a COVID-era loan program on Wednesday, officials said. Jennifer May, 43, accepted a plea deal to a wire fraud ...
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