In 2020 and 2021, COVID-19 Economic Injury Disaster Loans (EIDL) were a lifeline for small businesses. But now, some small businesses are having trouble paying them off. And a Small Business Credit ...
The Small Business Administration approved about 4.1 million EIDL loans across 2020, 2021 and 2022 for a total of $397.5 billion. Hundreds of thousands of small-business owners that took Covid-19 ...
A new report details how small businesses that tapped the SBA's EIDL program during the pandemic are facing greater financial challenges than companies that didn't turn to the offering for support.
When the pandemic hit, Cut Seven gym owners Chris and Alex Perrin did what it took for their business to survive. Unable to hold workouts inside, they held workouts on fields until they converted a ...