Small businesses across the country took on debt to stay afloat during the Covid-19 pandemic. It might be hard to get out from under it. Robert Andelman keenly remembers when the Covid-19 pandemic cut ...
NEW YORK (AP) — In 2020 and 2021, COVID-19 Economic Injury Disaster Loans were a lifeline for small businesses. But now some small businesses are having trouble paying them off. And a Small Business ...
After years of deliberation, the Small Business Administration has decided that it will not sell one of its pandemic-era loan portfolios–one that has an estimated default rate in the double-digits. It ...
Adolphus Obioha told a federal judge he made an honest mistake when he applied for a pair of small-business loans totaling more than $426,000 during the height of the COVID-19 pandemic. In his loan ...
WASHINGTON (7News) — A D.C. woman pleaded guilty to her role in defrauding $1.5 million in a COVID-era loan program on Wednesday, officials said. Jennifer May, 43, accepted a plea deal to a wire fraud ...
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