What we know about claims DOGE found $312M in business loans to children
Elon Musk, the public face of the Department of Government Efficiency, posted a raised-eyebrow emoji in response to the DOGE ...
The Business Journals1 个月
Big wave of Covid relief loans could be sent to debt collectors as lawmakers target program
The Complete Covid Collections Act would require the SBA to refer any loans made through the EIDL program that are eligible for collections to the Treasury Department, which would have the option ...
DOGE says $312M in loans were given to children during COVID pandemic
DOGE announced a further wave of contract terminations and said it has identified $312 million worth of loans issued to ...
deBanked6 天
$312M of COVID-era SBA Loans Went to Children-Owned Businesses?
According to the Department of Government Efficiency, the SBA funded 5,593 loans for $312M to businesses during 2020-2021 ...
Lawmakers take aim at Covid small-business loan collections
The SBA has hit a number of obstacles servicing the massive portfolio of EIDL loans. The SBA Office of the Inspector General, ...
deBanked12 天
Thousands of PPP & EIDL Loans Went to Business Owners Older Than 115 Years Old
SBA loans issued during the 2020-2021 covid era went to businesses where the owner was recorded as being older than 115 years ...
SBA loan applications still open to Arkansas businesses affected by Memorial Day weekend storms
Small businesses and nonprofits in Arkansas affected by the Memorial Day weekend storms have one week until the application deadline for the Small Business Administration's (SBA) Economic Injury ...
LocalNews8.com3 天
SBA relief still available to Idaho Small Businesses affected by the Teton Pass landslide
The U.S. Small Business Administration (SBA) is reminding eligible small businesses and nonprofit organizations in Idaho that ...
Colorado Boulevard11 天
SBA Disaster Loan Programs for Businesses and Homeowners
The City of Pasadena is urging local businesses, homeowners, and nonprofit organizations impacted by the recent Eaton ...
U.S. News & World Report4 年
How Can Small Businesses Get Disaster Funding?
PPP loans are forgivable when used to keep workers on payrolls, and SBA Economic Injury Disaster Loans offer up to $2 million to business owners affected by the pandemic. Initial PPP and EIDL ...
Inc27 天
The SBA’s Loan Losses—and Job Losses—Are Rising. Higher Fees Are Likely
The Small Business Administration’s flagship 7(a) loan program reportedly showed losses of hundreds of millions last year, but any suggestion of its demise would be premature—even with the ...