For EIDL loans over $25,000, collateral is required ... In contrast, an OIC for a 7(a) loan requires approval from both the bank and the SBA. The approval process is more subjective, as the reviewer ...
"The process should be fast and simple ... In 2021 and early 2022, small businesses could receive a second or expanding EIDL loan as well, until that program abruptly ran out of funding.
The Small Business Administration had referred 846,611 EIDL applications to the U.S. Inspector ... victims to their condition ...
President Trump is poised to sign an executive order later today directing the Education Department to modify the Public ...
Farooq Khan faces a possible sentence of more than four years in prison for defrauding the Paycheck Protection Program and Economic Injury Disaster Loan program.