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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 loans must be repaid in full.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA allocated more than $1 ...
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SBA suspends thousands of pandemic-era loan borrowers approved by Minnesota over potential fraud
Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.
The SBA inspector general says "lowered guardrails" left the program vulnerable. At the dawn of the COVID-19 pandemic, when offices and restaurants began shuttering, the federal government scrambled ...
SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean up criminal networks. YouTuber Nick Shirley exposes misuse of federal aid, ...
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