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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 ...
The Business Journals

An SBA Covid loan hardship program tops $36B — and hope is dimming to get current

The Small Business Administration approved about 4.1 million EIDL loans across 2020, 2021 and 2022 for a total of $397.5 billion. The death of middle management? Why the roles are under fire. ChatGPT ...
Inc

The SBA Will Keep Its Covid Loan Portfolio to Avoid Taking a $120 Billion Haircut

After years of deliberation, the Small Business Administration has decided that it will not sell one of its pandemic-era loan portfolios–one that has an estimated default rate in the double-digits. It ...

Covid Loans That Boosted Businesses Now Push Them to Bankruptcy

Small companies unable to pay back pandemic-era emergency loans issued by the federal government are steadily going under or ...