Small Business Administration

Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
December 06, 2022  |  Fraud Attack

Federal authorities say Chinese hackers have stolen $20 million in COVID relief money since 2020. The U.S. Secret Service has identified the group behind the...

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Entrepreneurial Agility and Innovation Could Make or Break SMBs’ Holiday Season
Entrepreneurial Agility and Innovation Could Make or Break SMBs’ Holiday Season
November 11, 2022  |  Retail

Recall the bleak summer of 2020, when you’d have thought Main Street small to medium-sized businesses (SMBs) would be extinct by year’s end. It was...

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Today in B2B Payments: 2 Banks Announce New Services for Businesses
Today in B2B Payments: 2 Banks Announce New Services for Businesses
September 02, 2022  |  B2B Payments

Today in B2B payments, Live Oak Bank adds 10 lenders to its general Small Business Administration (SBA) lending team, while ACI Worldwide’s former corporate online...

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Live Oak Bank Expands SBA Lending Program
Live Oak Bank Expands SBA Lending Program
September 02, 2022  |  B2B Payments

Live Oak Bank has announced that 10 lenders have joined its general Small Business Administration (SBA) lending team in the first half of 2022. These...

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Failed $16 Billion Rescue Program Hits Sour Notes For Music Venues
Failed $16 Billion Rescue Program Hits Sour Notes For Music Venues
April 18, 2021  |  Economy

A $16 billion federal program designed to help performance venues and museums closed due to COVID-19 that was supposed to debut more than a week...

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SBA Doubled Up Loans To More Than 4,000 Businesses
SBA Doubled Up Loans To More Than 4,000 Businesses
March 15, 2021  |  Loans

According to an analysis by the Small Business Administration (SBA)’s Office of the Inspector General, there were 4,260 borrowers who received duplicate loans sent out...

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With Just Over Half Of PPP Funds Approved For Loans, Legislators Aim For Extension
With Just Over Half Of PPP Funds Approved For Loans, Legislators Aim For Extension
March 11, 2021  |  SMBs

A potential deal to lengthen the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP) is in progress ahead of the initiative’s current March 31 deadline,...

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Biden Administration Puts New PPP Focus On Smaller, Minority-Owned Firms
Biden Administration Puts New PPP Focus On Smaller, Minority-Owned Firms
February 22, 2021  |  Economy

President Biden plans to rework the U.S. Paycheck Protection Program (PPP) so that smaller companies, those in underserved communities and those owned by minorities gain...

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Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
February 16, 2021  |  Economy

A $15 billion Small Business Administration (SBA) grant program for companies in the business of live events has still not launched, The Wall Street Journal...

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