Eidl news and trends

SBA: EIDL Emergency Grant Program Runs Out Of Money
Loans // July 13, 2020

A $20 billion federal initiative to provide emergency funding to small businesses is out of cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

SBA Shuts Door On SMB Disaster Loans
Loans // May 07, 2020

Without any public notice, a federal business disaster loan program has been capped at $150,000 and limited to farmers and agriculture businesses, according to The Washington Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SBA Emergency Loan Program Bombarded With Over 3 Million Applications
B2B Payments // April 16, 2020

After receiving over 3 million applications as the coronavirus pandemic continues, an emergency loan program helmed by the Small Business Association (SBA) is running low on funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Quick Reads
Secret Service Recovers $286M in COVID Aid Stolen by ID Fraud

August 28, 2022
The Secret Service has reportedly recovered $286 million in COVID-19 relief funds that had been obtained illegally by people using fake identities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]

SBA: EIDL Emergency Grant Program Runs Out Of Money

July 13, 2020
A $20 billion federal initiative to provide emergency funding to small businesses is out of cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

SBA Shuts Door On SMB Disaster Loans

May 07, 2020
Without any public notice, a federal business disaster loan program has been capped at $150,000 and limited to farmers and agriculture businesses, according to The Washington Post. Get the Full...