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EIDL advance funds were awarded to existing COVID-19 EIDL applicants who met certain criteria. The advances were like grants, but without the typical U.S. government grant requirements.
Small businesses that took on EIDL loans are struggling more than those that didn't tap the Covid-19 relief program.
The SBA's EIDL program has exhausted its funding, but a key deadline remains for small businesses. Here's what businesses need to know about the Covid-19 relief program.
A watchdog report released Tuesday on fraud and waste in the government's COVID-19 relief efforts showed how the EIDL program emerged as a magnet for fraudsters.
Jennifer May, 43, of D.C., pleaded guilty to her role in defrauding $1.5 million in a COVID-era loan program on Wednesday, ...
EIDL, PPP Loan Fraudsters Could Face Longer Investigation Window. Hold Onto Your Records A House subcommittee recently passed a bill that would effectively double the amount of time some ...
The Small Business Administration is giving entrepreneurs with COVID-19-related PPP and EIDL loans a break—with conditions.
A Louisiana man was sentenced to 10 years in prison for money laundering related to a fraudulent scheme involving Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) Program ...
Officials say Brown-Sanders applied for an Emergency Injury Disaster Loan (EIDL) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.