Lawmakers take action after report shows Biden-era SBA failed to probe 2 million alleged COVID aid fraudsters
Small Business Committee chairs Joni Ernst and Roger Williams plan to launch an effort to help bring COVID fraudsters to ...
The Business Journals1d
SBA ends Covid-era hardship program. Thousands of businesses could face higher payments.
The SBA has abruptly scrapped a program that allowed hundreds of thousands of borrowers to make smaller monthly payments. Here's what it means for businesses. The Small Business Administration is ...
Columbus Chamber speaks out on Trump plan to slash SBA staffing: What we know
The Small Business Administration is planning a massive reduction in its staffing. Columbus leaders are concerned it may ...
The Business Journals3d
SBA ends Covid-era hardship program, impacting thousands of small businesses
The Hardship Accommodation Plan allowed hundreds of thousands of borrowers to make smaller monthly payments on Economic Injury Disaster Loans. The Small Business Administration is ending its ...
Trump’s plan to move student loans to the Small Business Association would be ‘incredibly messy,’ experts warn
The move, which is likely to face legal challenges, is part of the administration’s plan to shut down the Department of ...
Business Loan Requirements & How To Qualify
A business plan outlines how you plan to utilize loan funds for business purposes and the key characteristics of your ...
Inside Higher Ed11d
Trump’s Plan to Move Student Loans to SBA Raises Concerns
The administration, which wants to close the Education Department, hasn’t said how it would move the $1.7 trillion portfolio ...
Small Business Administration Planning to Cut More Than 40% of Its Workforce
The restructuring plan aims to return the agency to prepandemic staffing levels by eliminating around 2,700 positions.
American Banker10d
Small-business advocates concerned about SBA's new role
The Trump administration wants the Small Business Administration to shrink its workforce by 43%. At the same time, the agency ...
The Small Business Administration will lay off 43% of staff, take over student loans from dismantled Department of Education
The SBA announced a dramatic restructuring plan on Friday as part of the Trump administration's cost-cutting agenda.