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Beginning April 6, 2021, the U.S. Small Business Administration (SBA) is expanding its Economic Injury and Disaster Loan (EIDL) program, the organization announced in a press release. Small ...
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The SBA will offer funding at low interest rates, with the amount you can borrow determined by your actual economic injury and financial needs. Loans over $25,000 require some form of collateral ...
The deadline to apply for an SBA economic injury disaster loan, referred to as EIDL, which provides up to $2 million to qualifying businesses and private nonprofits, also is approaching on May 10.
The version of the bill passed by the Senate included the expanded funding for rural and minority communities, for SBA disaster funding, and the money for hospitals and testing, but it did not include more funding for state and local governments, nor the increased SNAP benefits. [1] The bill passed the Senate by voice vote on April 21, 2020.
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
The name of President-elect Donald Trump's so-called Department of Government Efficiency (DOGE) is tellingly ambiguous. Despite the "department" label, Trump says DOGE, which will be overseen by ...
Count 5 – False statement to SBA for a $84,400 EIDL loan to Fourth and Long. Count 7 – Wire fraud for $149,900 EIDL loan to Krivacy. Count 8 – Wire fraud for $84,400 EIDL loan to Fourth and ...