PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

Since the second round of funding for the Small Business Administration’s Paycheck Protection Program (PPP) launched on April 27, Virginia banks have processed more than 46,000 loan applications for ...

On March 27, 2020, the CARES Act was signed into law to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic, including in the form of ...

EAST PROVIDENCE, R.I. (WPRI) — Herb Chambers, a well-known New England automotive retailer, has agreed to pay the federal government roughly $11.8 million to resolve claims that it fraudulently ...

The U.S. House of Representatives passed legislation Thursday that will provide $370 billion in additional pandemic-relief funding for small business as part of a larger aid package. President Donald ...

The Small Business Administration will resume accepting applications on Monday for the Paycheck Protection Program, or PPP, and borrowers that have already applied will be back in contention, ...

BOSTON (WWLP) – Prominent auto dealer Herbert G. Chambers, along with several of his affiliated companies and an executive officer, has agreed to pay $11.8 million to resolve allegations that they ...

BOCA RATON, Fla., April 20, 2020 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek Small ...