Borrowers who have already received forgiveness may be on edge asking if the Trump administration will claw back forgiven ...

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 ...

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 ...

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...

Data from the Small Business Administration shows which Orlando industries are getting the most loans approved and which are ...

CHICAGO (WLS) -- If you are one of the 8 million borrowers enrolled in the Saving on a Valuable Education, or SAVE, Plan student loan forgiveness program, you could start getting big bills again.

Depending on the type of loan, it can be used for a range of purposes, such as buying equipment, real estate or inventory. But applying and getting approved for an SBA loan can require extensive ...

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 ...

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 ...