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… 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. SBA also offers additional COVID-19 relief . … Participation of Faith-Based Organizations in PPP and EIDL PPP Myth vs. Fact Affiliation rules Paycheck Protection …
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Training on demand
… Framework, Hardship Accommodation Plan (HAP) for COVID EIDL, Non-delegated processing, SBA Form 1086) 7(a) Connect … 12, 2024 for the 504 loan program (topics include PPP and EIDL, Size Standards update, and SOP 50 10 7.1 update) 504 … -
Offer in Compromise
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Offer in Compromise Requirement Letter
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SBA COVID Relief Program Report
… Report on SBA's COVID Relief Programs including PPP and EIDL - data as of May 24, 2021 Report Version 13 | Effective: … … Report on SBA's COVID Relief Programs including PPP and EIDL - data as of May 24, 2021 … SBA COVID Relief Program … -
Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic
… funding to provide Economic Injury Disaster Loans (EIDL) to small businesses nationwide impacted by the … provided additional funding of about $373 billion for EIDL; and provided $20 billion to stand up a new program for EIDL advance grants. We found that SBA, in its effort to … -
COVID-19 Resources for Small Businesses
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Spokane Dermatologist Agrees to Pay $1.4 Million to Resolve Claims of Fraudulently Obtaining COVID-19 Funds
… such program, the Economic Injury Disaster Loan (EIDL) program, provided low interest loans that could be … and other economic circumstances caused by the pandemic. EIDL funds were to be used solely as working capital to … premiums, rent, utilities, and fixed debt payments. EIDL funds were not to be used for personal purposes or to … -
SBA Launches Supplemental Targeted Advance for Small Businesses Hardest Hit by COVID-19
… launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on … increase the maximum loan amounts for COVID-19 EIDL assistance from 6 months of working capital with a … back. Effective April 22, the SBA modified the Targeted EIDL Advance application process to determine if businesses … -
U.S. Attorney Announces Settlement with Members-Only Social Club for Covid Relief Fraud
… were ineligible for PPP loans. The SBA also allowed for forgiveness of PPP loans. To receive forgiveness, businesses were required to submit signed loan forgiveness applications in which they certified that the PPP … -
Congressional Affairs and Media
… in Connection with Filing False Applications for PPP and EIDL Loans and Covid-19 Rental Assistance June 25, 2024 … False Certifications on a Paycheck Protection Program Loan Forgiveness Application March 20, 2023 Stakeholders of the … 2022 Florida Woman Pleads Guilty to Submitting Fraudulent EIDL and PPP Applications in $865k Wire Fraud Scheme March … -
Maryland Accountant Sentenced to Federal Prison in Connection With $24-Million COVID Relief Fraud Scheme
… (SBA) — along with the Economic Injury Disaster Loan (EIDL), helped businesses meet their financial obligations. An EIDL advance does not have to be repaid, and small businesses … receive an advance, even if they are not approved for an EIDL loan. The maximum advance amount is $10,000. According … -
WHAT THEY ARE SAYING: U.S. Senators Applaud SBA Administrator Guzman’s Decision to Extend Additional Deferment to Existing COVID Economic Injury Disaster Loan Program Borrowers
… for existing COVID Economic Injury Disaster Loan (EIDL) program borrowers for a total of 30 months deferment on all approved COVID EIDL loans. Alongside the President’s vaccine strategy and … the SBA’s pandemic relief programs , including the COVID EIDL program, have been critical pieces in getting Americans … -
One Year Later: Biden-Harris Administration, SBA Have Prioritized an Equitable Recovery, Centered on Strengthening Main Street and Supply Chains
… and nonprofits), the COVID Economic Injury Disaster Loan (EIDL) program (approx. $125 billion to over 650,000 businesses and nonprofits), the COVID EIDL Targeted and Supplemental Advance programs (approx. $7 … businesses). And the SBA is delivering on its promise of forgiveness as nearly 1.7 million small businesses with PPP … -
READOUT: The U.S. Small Business Administration Hosts Webinar for Small Business Owners on Economic Aid and Recovery for Atlantic and Southeast Regions
… Program (PPP) and Economic Injury Disaster Loan (EIDL) program, has gone a long way towards helping business … Operators Grant and the Paycheck Protection Program forgiveness process . They also discussed technical … about updates to the Economic Injury Disaster Loan (EIDL) small business program to help small business owners, … -
SBA Reaches $200 Billion Milestone in Economic Injury Disaster Loan Program to Small Businesses and Non-Profits
… the success of the COVID-19 Economic Injury Disaster Loan (EIDL) program, which has provided U.S. small businesses, … with $200 billion through the unprecedented COVID-19 EIDL loan program,” Acting Administrator Tami Perriello … effects of COVID-19.” SBA is still accepting COVID-19 EIDL loan applications as the deadline to apply has been … -
Second White Paper: Risk Awareness and Lessons Learned from Audits and Inspections of Economic Injury Disaster Loans
… EIDLs. As of April 1, 2020, SBA received more than 94,000 EIDL applications for the COVID-19 pandemic. The Office of … -
SBA to Make Economic Injury Disaster Loans Available to U.S. Agricultural Businesses Impacted by COVID-19 Pandemic
… are now eligible for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. SBA’s EIDL portal will reopen today as a result of funding … -
MP 14405-07 One Month Left to Apply for SBA Disaster Loans
… that cannot be paid because of the disaster’s impact. EIDL assistance is available regardless of whether the … that cannot be paid because of the disaster’s impact. EIDL assistance is available regardless of whether the … -
MP 14407-03 One Month Left to Apply for SBA Disaster Loans
… that cannot be paid because of the disaster’s impact. EIDL assistance is available regardless of whether the PNP … that cannot be paid because of the disaster’s impact. EIDL assistance is available regardless of whether the PNP …