Sba News, Photos, Videos and Tweets

17 People Who Learned Things About Their Partners During Quarantine That They Were NOT Ready For

"My husband thought that when a woman has a cold, somehow her vagina has a cold, too."

sba - Buzzfeed
12:07pm PDT - April 28th, 2020

SBA to Face Big Challenges Ensuring Coronavirus Loans Aren’t Misspent

Banks largely spared task of checking for fraud under lending program, putting onus on federal agency with limited auditing resources

sba - The Wall Street Journal
10:15am PDT - April 28th, 2020

Husband and wife of 73 years, both COVID-19 positive, die within hours of each other

Wilford Kepler, 94, and Mary Kepler, 92, died six hours apart on April 18. Wilford had suffered a traumatic head injury from a fall and Mary died from the coronavirus.

sba - CBS News
7:37am PDT - April 28th, 2020

Jill Biden Talks 'True Leadership' as Joe Biden Looks On in Bizarre Viral Video

A viral video made the rounds Sunday featuring Dr. Jill Biden speaking about "leadership" while her husband looked on silently, frowning.

sba - Breitbart News
8:23pm PDT - April 27th, 2020

Husband and wife of 73 years die within hours of each other; both tested positive for COVID-19

Wilford Kepler, 94, and Mary Kepler, 92, died six hours apart on April 18. Wilford had suffered a traumatic head injury from a fall and Mary died from the coronavirus.

sba - CBS News
7:02pm PDT - April 27th, 2020

Getting your paperwork in order can give you a leg up when applying to the Paycheck Protection Program. Here's all the information you should have on hand.

  • Congress recently replenished the Paycheck Protection Program to help small businesses during the coronavirus pandemic. 
  • But many business owners struggled to fill out the application the first time, given the confusing and everchanging pape…

    sba - Business Insider
    12:17pm PDT - April 27th, 2020

Emergency small business loan program reopens under crush of demand | TheHill

The Small Business Administration's (SBA) emergency lending progr...

sba - The Hill
8:53am PDT - April 27th, 2020

U.S. to cap individual firms' lending through emergency loan program: memo

The U.S. Small Business Administration (SBA) plans to cap how much institutions can lend under the Paycheck Protection Program designed to keep workers on payrolls amid the novel coronavirus, according to a memo seen by Reuters.

sba - Reuters
12:08pm PDT - April 26th, 2020

How big banks decided the futures of America's small businesses: The inside story of how $349 billion in government cash was doled out in just 12 days, leaving thousands of entrepreneurs without relief

  • The launch, rollout, and exhaustion of the first round of the Paycheck Protection Program was as high stakes as it was complicated.
  • Banks had to reconfigure how they worked and contend with antiquated government tech.
  • Larger custome…

    sba - Business Insider
    5:58am PDT - April 25th, 2020

Small business loan applications to resume Monday after Trump signs new $484 billion package into law

  • President Trump signed into law a $484 billion coronavirus relief bill that includes another $310 billion in funds designed to provide relief to small businesses.
  • The Small Business Administration will resume accepting loan applications thro…

    sba - Business Insider
    3:53pm PDT - April 24th, 2020

A new study shows over 100 public companies got $550 million of federal loans intended for 'small businesses'

  • A report by S&P Global Market Intelligence found that 134 publicly traded companies got access to $550.6 million of loans available to "small businesses" via the federal stimulus package.
  • Ashford Hospitality Trust claimed the largest Paychec…

    sba - Business Insider
    1:25pm PDT - April 24th, 2020

My experience with the CARES Act was frustrating, confusing and unfair

I’m incredibly thankful that we were able to submit and receive approval days before this unfortunate event, but many small businesses weren't as fortunate.

sba - TechCrunch
11:56am PDT - April 24th, 2020

JPMorgan, Ruth's Chris accused of cheating small businesses out of emergency loans

JPMorgan Chase, Ruth's Chris Steak House and others are being accused in a lawsuit of efforts to "cheat" small businesses out of federal stimulus funding.

sba - CNN
11:19am PDT - April 24th, 2020

Hedge funds, private equity firms barred from small business aid

The SBA said it did not believe that Congress intended for businesses like the investment firms to receive Paycheck Protection Program financing.

sba - Politico
8:26am PDT - April 24th, 2020

Banks have been preparing to facilitate additional PPP funding

  • This story was delivered to Business Insider Intelligence Banking Briefing subscribers earlier this morning.
  • To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here.
  • Stay …

    sba - Business Insider
    6:52am PDT - April 24th, 2020

How KeyBank's tech overhaul got the 195-year-old firm processing 33,000 small business loans during the coronavirus pandemic — up from 550 per year

  • KeyBank typically processes around 500 small business loans a year. During the coronavirus pandemic so far, it has processed 33,000 of the 38,000 applications received. 
  • The 195-year-old financial institution was able to handle such a rapid …

    sba - Business Insider
    5:36am PDT - April 24th, 2020

Gov't puts pressure on public companies to return loans

The federal government is making it tougher for public companies to tap a small business relief program, and seeking refunds in some cases from companies that already did

sba - ABC News
12:48pm PDT - April 23rd, 2020

Treasury Secretary warns there will be 'severe consequences' for large companies that took bailout loans intended for small businesses

  • US lawmakers are close to passing a second wave of funding for the Paycheck Protection Program. 
  • However, Trump administration officials lambasted large corporations which took advantage of the program meant for small businesses. 
  • T…

    sba - Business Insider
    8:25am PDT - April 22nd, 2020

SBA says data breach may have affected almost 8,000 loan applicants

Pressing the back button could expose another applicant's private information.

sba - Ars Technica
6:46pm PDT - April 21st, 2020

SBA data breach compromises business owners’ data

A spokesperson said the breach affected 7,900 applicants for the Economic Injury Disaster Loans program.

sba - Politico
3:14pm PDT - April 21st, 2020

Data breach may have exposed personal information of thousands of SBA emergency loan applicants - The Washington Post

  1. Data breach may have exposed personal information of thousands of SBA emergency loan applicants  The Washington Post
  2. SBA website leaks thousands of business owners' personal information - Business Insider  Business Insider
  3. Small bu…

    sba - The Washington Post
    12:35pm PDT - April 21st, 2020

SBA: PPP processed more than 14 years worth of loans in less than 14 days

Paycheck Protection Program is working, even if it hasn't been glitch-free, writes Jovita Carranza, administrator of the Small Business Administration.

sba - USA Today
2:01pm PDT - April 20th, 2020

Enterpreneurs and their advisors describe the 'scramble' of applying for federal funding as they fight to stay in business, and the bright spots that helped them survive

Erich Rau/EyeEm/Getty Images Many business owners who applied for funds through the most recent stimulus package — the Coronavirus Aid, Relief, and Economic Security (CARES) Act — have yet to see any cash. Business Insider spoke to entrepreneurs who attempted…

sba - Business Insider
5:00am PDT - April 18th, 2020

Innovate Finance urges UK government to back SMB lending with new program

This story was delivered to Business Insider Intelligence Fintech Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. Stay up-to-date with our latest …

sba - Business Insider
6:37am PDT - April 17th, 2020

The US government is on the verge of running out of money for coronavirus small business loans

Reuters The government is approaching the $349 billion lending limit on its Paycheck Protection Program that is funneling relief money to the nation's small businesses. The Small Business Administration says that as of Wednesday afternoon, it had approved mor…

sba - Business Insider
10:02pm PDT - April 15th, 2020