The agency has its hands full with a ninefold increase in disaster loans since the pandemic. One of the Small Business Administration’s biggest challenges in the coming year is how it'll service its ...
Small business owners are concerned that a federal loan program, the Economic Injury Disaster Loan, is providing too little money – too late. The delay, and the diminished funding, are leaving some ...
The disclosure comes as a new audit contends the agency is struggling to properly track all of its loans. The Small Business Administration has again written off billions of dollars in Covid-era small ...
The Small Business Administration would be mandated to send many loans made under the Covid Economic Injury Disaster Loan program to the Treasury Department for collections under legislation put forth ...
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