The SBA has up to $7 billion in potential loan authority remaining for the Covid-19 EIDL program, but the agency doesn't plan to request permission to use it.

Elaine Luria is pushing the SBA for answers on how it responds to questions on Paycheck Protection Program loans and Economic Injury Disaster Loans.

The SBA first explored the idea of selling its Covid-EIDL portfolio in 2021 when it hired a consultant to examine the possible ramifications.

Small Business Committee Chair Sen. Benjamin Cordin (D-Md.) is urging the SBA to finising processing applications and distribute the $800 million left in the EIDL subsidy, which could provide more ...

The Small Business Administration (SBA) is giving entrepreneurs a 60-day goodwill grace period to pay back COVID-19 PPP and EIDL loans under $100,000.