So far the cash grant program, in which small businesses can get an initial grant of $10,000 and potentially a follow-up grant of $5,000, has been invitation only. The Small Business Administration ...

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide emergency financial assistance during the pandemic. The CARES Act included funding in the form ...

The SBA is getting heat to provide additional information about ongoing delays in Economic Injury Disaster Loan payment processing. The EIDL program is used by businesses to pay fixed debts, payroll, ...

The U.S. Small Business Administration (SBA) released updated guidance Friday regarding applications for loans, advances, and appeal requests with the COVID-19 Economic Injury Disaster Loans (EIDL) ...

Small businesses and nonprofits that received COVID-19 federal disaster loans aren’t facing a Dec. 31 deadline to increase their loan amount, officials said, responding to confusion among those ...

The Small Business Administration is now urging all eligible small businesses to apply for its Economic Injury Disaster Loans and its Targeted EIDL Advance grant program. The move comes months after ...

This article first appeared on the Business Journals’ website. The Small Business Administration officially closed its Paycheck Protection Program to new loan applications at the end of May, and ...

The Small Business Administration will open its $25 billion Targeted Economic Injury Disaster Loan Advance grant program to millions more small businesses in the coming days. SBA Administrator Isabel ...