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Is your SBA loan in default? Forgiveness is possible
Defaulting on an SBA loan is serious; you can face bank levies, wage garnishment and foreclosure. But some cases allow forgiveness. Learn if you qualify.
A number of factors can automatically disqualify you from an SBA loan, but you do have other financing options if any of these apply. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...
Small Business Administration officials announced Monday that they are eliminating a rule banning faith-based groups from receiving SBA disaster loans. “The SBA is committed to ending the era of weaponized government that has systematically discriminated ...
The U.S. Small Business Administration properly refused to forgive an Oregon fruit processor’s $2 million COVID relief loan, according to a federal judge. Meduri Farms, which freeze dries blueberries and other local crops near Dallas, Ore., exceeded the ...
Small business owners and private nonprofit organizations who lost money due to Hurricane Milton last year can still apply for low interest federal disaster loans, but time is running out.
Need working capital? SBA MARC loans offer big funding amounts, long terms and flexible repayment for small manufacturing businesses. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...
As economic uncertainty persists, small businesses are increasingly relying on SBA loans for refinancing, working capital and expansion. In the first quarter of 2025, loan approvals soared 38% year over year to $8.8 billion. These loans remain popular due ...
Some lenders along with Democrats in Congress say that a recent Small Business Administration policy change on immigration has overshot the mark, blocking people who are in the country legally and even some U.S. citizens from accessing government ...
Explore the current interest rates for SBA-backed financing—including 7(a), 504 and microloans—and learn how these compare to traditional loan options Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal ...
Tariffs and tougher SBA loan rules made it tougher to sell a small business last quarter, BizBuySell finds, though demand from “corporate refugees” remains strong. Small businesses are still changing hands, but buyers became more cautious in the second ...