EIDL

Secret Service Recovers $286M in COVID Aid Stolen by ID Fraud
Secret Service Recovers $286M in COVID Aid Stolen by ID Fraud
August 28, 2022  |  Security & Fraud

The Secret Service has reportedly recovered $286 million in COVID-19 relief funds that had been obtained illegally by people using fake identities. According to a...

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SBA: EIDL Emergency Grant Program Runs Out Of Money
SBA: EIDL Emergency Grant Program Runs Out Of Money
July 13, 2020  |  Loans

A $20 billion federal initiative to provide emergency funding to small businesses is out of cash. The U.S. Small Business Administration (SBA) announced in a...

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SBA Shuts Door On SMB Disaster Loans
SBA Shuts Door On SMB Disaster Loans
May 07, 2020  |  Loans

Without any public notice, a federal business disaster loan program has been capped at $150,000 and limited to farmers and agriculture businesses, according to The...

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SBA Emergency Loan Program Bombarded With Over 3 Million Applications
SBA Emergency Loan Program Bombarded With Over 3 Million Applications
April 16, 2020  |  B2B Payments

After receiving over 3 million applications as the coronavirus pandemic continues, an emergency loan program helmed by the Small Business Association (SBA) is running low...

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