Small businesses that took on EIDL loans are struggling more than those that didn't tap the Covid-19 relief program.

The Small Business Administration is giving entrepreneurs with COVID-19-related PPP and EIDL loans a break—with conditions.

Jennifer May, 43, was charged with one count of wire fraud, U.S. Attorney for D.C. Jeanine Pirro announced on Wednesday. Her sentencing was scheduled for Dec. 9. May was also ordered to return the ...

Overall, SBA data shows that 12 percent of all business owners that borrowed through the EIDL program are past due on their payments and have yet to start repaying their loans.

A Small Business Credit Survey report from the 12 Federal Reserve banks shows that small businesses that haven't paid off COVID-19 Economic Injury Disaster Loans are in worse shape than other ...

The Biden administration plans to aggressively pursue thousands of small businesses that may have missed payments on an estimated $30 billion in overdue loans.

Unlike the EIDL, however, most of the loans distributed through the Paycheck Protection Program were meant to be forgiven and never subject to repayment.

A federal program that provided low-interest loans during the pandemic is at risk of losing billions in taxpayer funding now.

In 2020, the Perrins took out a $24,000 COVID-19 "economic injury disaster loan,” commonly called “EIDL,” from the U.S. Small Business Administration (SBA) to help keep their business afloat.

Five Rio Grande Valley residents have been indicted for wire fraud in a scheme involving the Paycheck Protection Program (PPP ...

MACON, Ga. — The U.S. Small Business Administration (SBA) is urging businesses to apply for loans to help with losses from ...