As SBA COVID EIDL payments come due, many small-business owners can’t afford to pay. This guide breaks down the consequences of falling behind and the options borrowers may still have. Many, or all, ...

Sen. Ed Markey and Rep. Nydia Velazquez have blasted SBA's new eligibility policy. Less than two months after implementing a policy that opened the door a crack to businesses with limited noncitizen ...

Explore the current interest rates for SBA-backed financing—including 7(a), 504 and microloans—and learn how these compare to traditional loan options Written By Written by Staff Senior Editor, Buy ...

The Trump administration’s decision to ban thousands of Minnesotans from U.S. Small Business Administration loans further stokes the fraud allegations that have roiled the state. The borrower ...

People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Even after announcing that loans and grants ...

The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud. SBA Administrator Kelly Loeffler ...

Small Business Administration Administrator Kelly Loeffler announced the halt of all agency grants to Minnesota amid explosive revelations of widespread fraud among the Somali community. After a viral ...

Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota, amid an investigation into alleged fraud in COVID-era lending programs.

Minnesota will lose out on some federal funding due to ongoing concerns over fraud, the head of the U.S. Small Business Administration announced Tuesday. Secretary Kelly Loeffler said she informed Gov ...

Get the latest federal technology news delivered to your inbox. As part of an ongoing audit, the Small Business Administration has mandated that all companies participating in the 8(a) socioeconomic ...

The U.S. Small Business Administration (SBA) has issued letters to all contractors within the 8(a) Business Development Program, requiring them to produce financial records as part of a comprehensive ...

As America rebounds from the recent government shutdown, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler says one group is already leading the recovery: veteran entrepreneurs. In ...