Holland & Knight has learned through customary deal due diligence that some borrowers – especially those who received a Paycheck Protection Program (PPP) loan through the U.S. Small Business ...
The US Small Business Administration says it uncovered ‘at least $1 million’ in additional alleged fraud connected to the ...
Haut writes, "The EIDL program is a loan program with a 30-year maturity and an interest rate of 3.75% for most borrowers. Under the COVID disaster declaration, EIDL loan payments are deferred for two ...
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 ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The Covid-19 Economic Injury Disaster Loan program was created to help small businesses ...
The new House Resolution 1319, titled the American Rescue Plan Act of 2021, creates a $10,000 EIDL targeted advance that will be available to businesses and nonprofit organizations that previously ...
The U.S. Small Business Administration (SBA) announced major modifications to the COVID-19 Economic Injury Disaster Loans (EIDL) program, including raising the loan cap from $500,000 to $2 million and ...
The Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program, which provides long-term loans directly from the SBA, has been significantly enhanced. Beginning April 6, 2021, ...
The Small Business Administration should transfer any excess funding it can to help process and approve additional Covid-19 Economic Injury Disaster Loans, a pair of senators said in a letter to the ...
Image: Getty. Illustration: Chloe Krammel. The Small Business Administration is expected to lift the cap on its Covid Economic Injury Disaster Loans (EIDL) sometime after Labor Day on September 6, ...
The U.S. Small Business Administration is more than tripling the maximum amount that small businesses and nonprofits can borrow under the COVID-19 Economic Injury Disaster Loans (EIDL) program.
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