SBA Disaster Loans Forgiven

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

KSTP · 4d

SBA freezes loans for 7,000 Minnesota borrowers amid fraud probe

· 10h

Trump administration freezes some child care funds to five states

President Donald Trump's administration is freezing some federal child care and family assistance funds to the states of California, Colorado, Illinois, Minnesota and New York, the federal Department ...

· 15h

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

· 20h

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

· 1d

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

“Democrat-led states and governors have been complicit in allowing massive amounts of fraud to occur under their watch,” Mr. Nixon said in a statement.

· 1h

US withholds funding for assistance programs

· 9h

Trump freezes $10 billion child care, family assistance funds to 5 US 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.

Washington Examiner

SBA axes rule banning faith-based groups from receiving disaster loans

Small Business Administration officials announced Monday that they are eliminating a rule banning faith-based groups from receiving SBA disaster loans. “The SBA is committed to ending the era of weaponized government that has systematically discriminated ...

KOLR10 & Ozarks Local News

SBA offers disaster loans to businesses, residents hit by June 29 storms

SPRINGFIELD, Mo. — The U.S. Small Business Administration is now providing low-interest disaster loans for residents, businesses and nonprofits affected by storms from June 29. After a request from Gov. Mike Kehoe on July 25, SBA issued a disaster ...

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.

4don MSN

Small businesses, nonprofits still eligible for SBA drought disaster loans

The SBA is reminding South Carolina small businesses and nonprofits of a Feb. 2 deadline to apply for low-interest disaster loans related to 2025 drought losses.