SBA Extends Deferment for Small Business EIDL Covid Loans

Starting immediately the Small Business Administration (SBA) is extending the deferment for existing COVID Economic Injury Disaster Loan (EIDL) program borrowers for a total of 30 months. This includes the…

Senator Urges Colleagues To Give Marijuana Businesses Access To Federal SBA Loans And Services

A senator is asking colleagues on the powerful Appropriations Committee to include provisions in an upcoming spending bill to give small marijuana businesses fair access to federal Small Business Administration…

City National Scores Big on SBA Loan List

The downtown-based City National Bank led the local rankings and placed second nationwide for U.S. Small Business Administration 504 loans, according to the administration’s mid-fiscal year 2022 report. The SBA’s…

SBA: COVID-19 disaster loan program out of money

The federal government’s COVID-19 disaster loan program for small businesses and nonprofits ran out of money on Saturday, hours after the deadline for borrowers to request additional loan funds, according…

SBA Offers Last Call for a Key Covid-Era Small-Business Aid Program

In the past few days, tens of thousands of small-business owners have received emails from the Small Business Administration inviting them to apply for more money through the Economic Injury…

Application deadline for more SBA COVID-19 loans is Friday

Friday is the deadline for small businesses and nonprofits with COVID-19 federal disaster loans to request an increase in their loan amount, officials said. The U.S. Small Business Administration announced…