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 ...

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

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 ...

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 ...

Use our calculator to estimate the total costs of an SBA loan. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions ...