The Small Business Administration announced that it has forgiven 80% of the $791 billion in Paycheck Protection Program loans it began issuing in 2020 to businesses across the country to help them ...
As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. As small business owners head to the end of the year and ...
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SBA tightens lending standards, rolls back pandemic-era policies for small-business loans
The Small Business Administration has already rolled back a number of Biden-era loan features this year. Another series of changes to its lending standards will make it harder for small businesses to ...
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