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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
The Business Journals

SBA faces a billion-dollar EIDL collateral problem. It's asking companies in bankruptcy to aid the effort.

The agency is left with few options when it comes to selling collateral tied to a popular Covid-19 relief program. Here's where it's turning for help. The U.S. Small Business Administration needs help ...
Arkansas Democrat-Gazette

Small business owners stuck with debt from covid loans

NEW YORK -- In 2020 and 2021, covid-19 Economic Injury Disaster Loans were a lifeline for small businesses. But now some small businesses are having trouble paying them off. And a Small Business ...
Fast Company

Many small businesses haven’t paid off their COVID-19 EIDL loans

In 2020 and 2021, COVID-19 Economic Injury Disaster Loans (EIDL) were a lifeline for small businesses. But now, some small businesses are having trouble paying them off. And a Small Business Credit ...
Oregonian

Federal disaster loans saved businesses during the pandemic. Now survivors are saddled with debt

In 2020 and 2021, COVID-19 Economic Injury Disaster Loans were a lifeline for small businesses. But now some small businesses are having trouble paying them off. And a Small Business Credit Survey ...
KUTV

COVID-19 government disaster loans saved businesses, but saddled survivors with debt

NEW YORK (AP) — In 2020 and 2021, COVID-19 Economic Injury Disaster Loans were a lifeline for small businesses. But now some small businesses are having trouble paying them off. And a Small Business ...
American Banker

SBA rejects plan to sell some pandemic-era loans

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 ...