Minnesota, SBA and the borrowers
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Miami Herald on MSN
'Minnesota cannot be trusted': SBA cuts $5M over alleged fraud
Administrator Kelly Loeffler said she will halt $5.5 million in annual federal small-business funding to Minnesota pending a review, citing allegations that individuals and businesses committed fraud when they received government loans.
The SBA delivered over $44 billion in loans nationwide in FY2025, with $1.2 billion in the Seattle District. Rural lending rose 20%, and manufacturers gained new access to capital under the Made in America Initiative.
SBA loans vs. business lines of credit: Which is best for small businesses? All businesses need funds to operate, but sometimes small businesses may need a financial boost to jump-start growth or get through an off season. The U.S. Small Business ...
The Small Business Administration held an open-house presentation Saturday at the Cape Girardeau Public Library to explain available disaster assistance.
The government’s 504 program for loans up to $5.5 million has always had a reputation for restrictions and red tape. Things have gotten easier for businesses worth less than $20 million. With interest rates easing and inflation cooling, small businesses ...
Small businesses won a record $97.95 billion in federal contracts in fiscal year 2010 or 22.7 percent of all eligible contracting dollars, a 1.2 percent increase over the previous fiscal year. It was the largest single year increase in more than five years ...
Discover the top five challenges small businesses face compared to big corporations, including capital raising, economies of scale, and brand recognition.