A watchdog report is calling for improvements to one of the government's pandemic relief programs meant to help small businesses after findings showed millions of dollars were approved for potentially ...

Small business owners who have applied for the federal Economic Injury Disaster Loan program say the effort is confusing and slow to deliver funding, echoing some of the complaints against the ...

Haut writes, "The EIDL program is a loan program with a 30-year maturity and an interest rate of 3.75% for most borrowers. Under the COVID disaster declaration, EIDL loan payments are deferred for two ...

Holland & Knight has learned through customary deal due diligence that some borrowers – especially those who received a Paycheck Protection Program (PPP) loan through the U.S. Small Business ...

The Small Business Administration officially raised its limit on Economic Injury Disaster Loans on April 6 — and in the last two months, tens of thousands of small businesses have taken advantage of ...

Charles Alvis, John Faber Jr. By now, most small business owners and their lenders are acutely aware of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted to provide emergency ...

The Small Business Administration barely reviewed many applications for emergency relief early in the pandemic and directed employees to approve applications with obvious signs of fraud, according to ...

Thousands of borrowers have cashed in with the SBA's increase in EIDL loan limits. An even larger increase is on the horizon, SBA officials tell The Business Journals. The Small Business ...