Funds for small businesses, including loans and grants, will not be paused, according to the Office of Management and Budget.
Billions of dollars worth of Covid-era SBA loans are in hardship programs, with some business owners hoping for forgiveness. How will the changing administration in Washington affect those hopes?
The Federal Caronavirus Aid, Relief, and Economic Security, or CARES Act, allocated $350 billion to the U.S. Small Business ...
As its last student loan forgiveness action, President Joe Biden's administration forgave debt for 8,650 borrowers. This round gave more than $600 million to 4,550 borrowers enrolled in the Income ...
Any portion of the PPP loan that is not forgiven becomes a 100 percent SBA guaranteed loan with the cooperating bank or lender. The remaining loan will have a two-year payback period and will be ...
Later, they helped their clients with loan forgiveness. In 2021 ... Employee Retention Credit (ERTC), and, most recently, SBA 7(a) loans. Continuously rising interest rates and the tightening ...
President Joe Biden remarks on the Supreme Court's decision on student loan forgiveness in the Roosevelt Room of the White House on Friday, June 30, 2023. (Photo by Demetrius Freeman/The ...
SBA loans from the United States Small Business Administration (SBA) tend to have more favorable rates and terms that make repayment easier, although their application and approval process takes ...
If you’re thinking about refinancing merchant cash advance debt or acquiring or selling a business, now is a good time.