The SBA has launched the Paycheck Protection Program, a new federal loan assistance program intended to deliver immediate financial relief to small businesses impacted by the coronavirus pandemic.

SBA PPP loan program could drag out for years, expert says. Fallout from the Small Business Administration’s Paycheck Protection Program loan could last for years as the agency works through billions ...

Ken Gillette, the cofounder and chief technology officer for Pocket Prep, thought his startup’s business might have a chance to thrive during the coronavirus shutdown. With more time at home, he ...

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...

WASHINGTON, D.C. (NEXSTAR) – The US Treasury Department has finally made its Paycheck Protection Program public. Hedge funds, development corporations, large restaurant groups, all among the nearly 5 ...

"We just want what everyone else has gotten," said co-counsel for the hotel groups in the multidistrict litigation. Frustrated by the lack of resolution and the ongoing impact on their operations, six ...

BALTIMORE, Md. — Finding the perfect dress is a bride's dream, but at Elite Secrets Bridal, COVID-19 shutdowns nearly turned LaTonya Turnage’s small business into a nightmare. “I can't even put into ...

Federal prosecutors alleged the company falsely certified eligibility for a $1 million COVID relief loan in 2020 despite franchise status making it ineligible.

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