You Searched For "SBA loans" and got 20 results
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2 mins read
The SBA can't help business owners hit by Helene, Milton until Congress comes back post-election
The Small Business Administration can't make disaster loans to businesses, homeowners until Congres…
Catherine Boudreau
3 mins read
The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects
The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…
John Towfighi
2 mins read
Business owners of color seeking SBA loans now have to write an essay proving their race is a 'social disadvantage' after a judge ruled it isn't enough
In July, a federal judge ruled that race is no longer a disadvantage in America. Business owners no…
Ayelet Sheffey
2 mins read
A man from Georgia blew most of his COVID-19 small business loan on a $58,000 Pokémon card, prosecutors say
Federal prosecutors say Vinath Oudomsine lied about the size of his business, and then spent most o…
Grace Dean
2 mins read
Small businesses can now get up to $2 million in government loans to help them recover from the pandemic
The SBA raised the cap on Economic Injury Disaster Loans from $500,000 to $2 million for businesses…
Jennifer Ortakales Dawkins
1 min read
CreditNinja, which has charged loan customers an interest rate of 447%, is complaining that their $1 million PPP loan forgiveness request was rejected
CreditNinja, a broker which has given loans with interest rates as high as 447%, believes the SBA s…
Azmi Haroun
3 mins read
5 ways Biden just tweaked the PPP to help the smallest businesses survive
Biden's changes to the PPP help businesses with less than 20 workers (or none at all) and those wit…
Ayelet Sheffey
2 mins read
A luxury hotel company that owns multiple Ritz-Carltons received millions in small-business aid thanks to a loophole in the coronavirus bailout program
A trio of hotel companies chaired by Dallas hotel exec Monty Bennett benefited the most from the co…
Melissa Wiley
4 mins read
Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan
Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…
PTI
2 mins read
How to get tax credits, rent relief, and PPP loan forgiveness to help your business through the rest of the pandemic
An employee retention tax credit may help some businesses even more than PPP - and thanks to recent…
Bartie Scott
2 mins read
PRESENTING: The inside story of the businesses, banks, and bureaucracies grappling with the $670 billion attempt to rescue Main Street
BI Prime's exclusive reporting brings you actionable insights that can help you make informed decis…
Business Insider
2 mins read
Relief loans are going to areas with pre-existing bank relationships instead of most infected regions, Fed economists find
Virus hotspots including New York, Michigan, and Pennsylvania are receiving fewer PPP loan approval…
Ben Winck
3 mins read
If you haven't already applied for federal small business relief, you're probably out of luck on this round — but you still have a few other options.
Banks have a huge backlog of PPP applications, but you can still take advantage of tax relief, and …
Jennifer Ortakales
2 mins read
Businesses at properties owned by the Trump Organization and Kushner Cos. benefited from over 25 PPP loans worth $3.65 million, a new report says
The Kushner Cos. general counsel said the NBC News analysis was "completely untrue and amounted to …
Oma Seddiq
2 mins read
As many as 14% of small businesses may lay off workers when their PPP loans run out
"Those businesses hardest hit by the crisis will likely need additional help," NFIB analysts wrote …
Carmen Reinicke
1 min read
The Small Business Administration just told thousands of businesses applying for disaster loans that their personal information was mistakenly leaked
A bug in the SBA's site was mistakenly showing applicants' personal information to other applicants…
Aaron Holmes
2 mins read
The Small Business Administration says it's loosening payroll restrictions to allow partial loan forgiveness under PPP small business aid program
The SBA now says 60% of the forgiven loan amount should go towards worker paychecks, which would en…
Joseph Zeballos-Roig
1 min read
The Los Angeles Lakers' $4.6 million loan was 'outrageous,' Treasury Secretary says as the team returns money meant for small businesses
Treasury Secretary Mnuchin said on CNBC Tuesday that he's a big fan of the team, but not of it rece…
Graham Rapier
1 min read
The 23 best sources of emergency funding for small businesses available right now if you've been denied a government loan
The US Congress passed a $2 trillion stimulus package to stabilize the American economy during the …
Dominick Reuter,Jennifer Orta…
3 mins read
The Biden administration is giving entrepreneurs a chance at loans up to $5 million to help launch and grow businesses
The Small Business Administration is making it easier for entrepreneurs to get loans to start and g…