The Small Business Administration guarantees loans for more than 33 million small businesses across the country.
Elon Musk's DOGE recently announced that the SBA will be placing new age requirements on business loans amid sweeping staffing cuts.
modeled its PPP application closely to the application customers use to get business loans through QuickBooks Capital. "Most of the data is auto-populated, and it really is just a review process ...
Carson-Tahoe Regional Medical Center parent company settles with DOJ over alleged fraud involving pandemic loans for small ...
The ongoing PPP process has shed light on the lack of technology ... Thus far, it's processed over $1.5 billion in loans, Rohit Arora, CEO and cofounder of Biz2Credit, told Business Insider.
It expands the eligible uses of PPP funds, simplifies the forgiveness process for loans of up to $150,000 and allocates $285 billion for a new round of PPP lending, including "second-draw" loans ...
“COVID-19 EIDLs must be repaid.” Existing PPP borrowers can apply for forgiveness anytime up to five years from the date the SBA issued the SBA loan number. The SBA has a direct forgiveness portal ...
Prosecutors say Newman fraudulently applied for two PPP loans by lying about owning a business. According to the attorney general's office, she received $20,000 in July 2020 and another $20,000 in ...