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

Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...

U.S. starts forgiving pandemic loans amid criticism, uncertainty

As the U.S. government this month begins allowing small businesses to not repay their loans from a $525 billion pandemic relief plan, shifting the cost to American taxpayers, the process and the ...
The Business Journals

SBA's nonbank lenders could see stricter oversight. Here's what it means for businesses.

An influential senator is promising stricter oversight of nonbank lenders for the Small Business Administration in the wake of a report about fraud in Covid relief programs. Here's what it means for ...
The Business Journals

Trump's SBA has mostly focused on cuts. Here are the loan programs it wants to expand.

The agency has announced controversial moves regarding its offices but also is hoping to grow two key lending programs. The Small Business Administration has made news in recent days for announcing ...
Nasdaq

North Avenue Capital Expands Small Business Lending Nationwide with SBA 7(a) Loans

PONTE VEDRA, Fla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- North Avenue Capital, a leader in innovative financing solutions for rural America, is making a significant addition to its lending products ...
Inc

How DOGE Is Changing the Process for SBA Loans

After claiming to have found hundreds of millions of dollars in questionable loans, the Department of Government Efficiency (DOGE) has instituted some changes to how loan applications will be handled ...

U.S. SBA says has forgiven over 1.1 mln PPP loans for more than $100 bln

The U.S. Small Business Administration (SBA) said on Tuesday it has forgiven more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, adding that "small borrowers" make up ...