SBA Loan Forgiveness Program

SBA, Minnesota

SBA suspends nearly 7,000 Minnesota borrowers over suspected COVID relief loan fraud

The Small Business Administration Thursday suspended 6,900 Minnesota borrowers over suspected fraud tied to two COVID-era small business lending programs, according to Administrator Kelly Loeffler.

· 4d · on MSN

SBA suspends thousands of pandemic-era loan borrowers approved by Minnesota over potential fraud

· 5d · on MSN

SBA says it has suspended ‘6,900 Minnesota borrowers’ over suspected fraud

· 2h

Trump freezes $10B in child care funds Illinois, 4 other states

WASHINGTON, Jan. 6 (Reuters) - President Donald Trump 's administration is freezing more than $10 billion in federal child care and family assistance funds to Illinois, California, Colorado, Minnesota...

· 16h

Trump administration freezes some child care funds to five states

· 21h

Health Department to freeze $10 billion in funding to 5 Democratic states

· 1d

Trump administration freezes billions in social services funding to five Democratic states

Sen. Kirsten Gillibrand, a Democrat from New York, condemned the funding freeze and accused the administration of “political retribution.”

· 1d

Health Dept. to Freeze $10 Billion in Funding to 5 Democratic States

· 2h

Trump administration freezes child care funds for 5 Democratic-led states

Business.com on MSN

SBA loan forgiveness for PPP, EIDL and 7(a) loans

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA loans must be repaid in full.

Yahoo! Sports

SBA loans vs. business lines of credit: Which is best for small businesses?

SBA loans vs. business lines of credit: Which is best for small businesses? All businesses need funds to operate, but sometimes small businesses may need a financial boost to jump-start growth or get through an off season. The U.S. Small Business ...

Inc

As Domestic Onshoring Agenda Gets Traction, SBA Launches New Loan Program

“MARC gives lenders a substantial amount of flexibility when structuring working capital solutions for manufacturers as they can offer larger open lines of credit as they transition toward monitored facilities in the future,” an SBA spokesperson told ...

Business.com on MSN

Is your SBA loan in default? Forgiveness is possible

Defaulting on an SBA loan is serious; you can face bank levies, wage garnishment and foreclosure. But some cases allow forgiveness. Learn if you qualify.