Small Business Administration

New SBA Data Shows PPP Loans With Missing Details

New SBA Data Shows PPP Loans With Missing Details
New SBA Data Shows PPP Loans With Missing Details
December 02, 2020  |  SMBs

New Paycheck Protection Program (PPP) data from the Small Business Administration (SBA) indicates that aid moved to small businesses as well as bigger companies. The...

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Wells Fargo Fires Over 100 For Allegedly Collecting COVID Relief Funds
Wells Fargo Fires Over 100 For Allegedly Collecting COVID Relief Funds
October 14, 2020  |  Cybersecurity

Wells Fargo has fired over 100 employees for allegedly improperly collecting COVID-19 relief funds, according to sources quoted by Bloomberg. Get the Full Story Complete...

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Report: Not One PPP Loan Has Been Forgiven
Report: Not One PPP Loan Has Been Forgiven
September 27, 2020  |  Loans

More than 5 million small- to medium-sized businesses (SMBs) received $525 billion from the Paycheck Protection Program (PPP), the popular federal rescue initiative passed by...

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How The SBA Helps SMBs Go Cross-Border
How The SBA Helps SMBs Go Cross-Border
September 25, 2020  |  SMBs

With Main Street small- to medium-sized businesses (SMBs) suffering through a downturn more ruinous than any in living memory, many that make it will do...

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Deep Dive: Why Instant Payments Will Prove Essential To The Future Of Microbusinesses
Deep Dive: Why Instant Payments Will Prove Essential To The Future Of Microbusinesses
September 21, 2020  |  Disbursements

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NEW DATA: The State Of Main Street Businesses Six Months Into The Pandemic
NEW DATA: The State Of Main Street Businesses Six Months Into The Pandemic
September 11, 2020  |  SMBs

Sept. 11, 2020, marks 225 days since the coronavirus was first declared a pandemic on March 11, lasting longer than most of the businesses on...

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SBA Eyes Fees Paid To Rocket Loans, Contractor In Loan Program
SBA Eyes Fees Paid To Rocket Loans, Contractor In Loan Program
August 30, 2020  |  Loans

The U.S. government’s Economic Injury Disaster Loan (EIDL) program, plagued by delays and fraud, has created attention for a firm that netted around $800 million...

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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. Get the Full Story Complete the form to unlock...

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