Business.com on MSN

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's restaurant fund lost in court. The Targeted EIDL Advance grant program could be next.

The SBA's recent court defeats regarding its Restaurant Revitalization Fund could spill over into its other rescue programs — and beyond. The Small Business Administration recently suffered a court ...
The Business Journals

Lawmakers plan to tackle SBA PPP, EIDL fraud

New legislation shows that tackling fraud within the SBA's Covid-19 rescue programs could take years. Here are the details businesses need to know. Lawmakers are increasingly sharpening their focus on ...
CBS 6

Fraudsters potentially pocketed $200 billion in pandemic relief funds, vindicating lawmaker warnings

WASHINGTON (TND) — A new, federal watchdog report says fraudsters may have gotten away with over $200 billion in pandemic small business loans, this after some lawmakers warned of this exact issue.