Small Business Administration employees at the COVID-19 Economic Injury Disaster Loan Servicing Center (CESC) received an email Friday following a brief staff meeting notifying them they would be laid ...
The Small Business Administration (SBA) has temporarily stopped offering new disaster loans to small businesses, homeowners, and renters in the aftermath of Hurricanes Helene and Milton. The surge of ...
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 ...
Despite pressure from lawmakers and pleas from business owners, the SBA said it won't seek permission to use up to $7 billion in remaining loan authority. Here's why and what it means for small ...
Even as the U.S. economy continues to heal from the devastating impact of COVID-19, many small businesses are grappling with another serious financial challenge: repaying the federal pandemic relief ...
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