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- PYMNTS.com
Small Businesses Owe $59 Billion From COVID Disaster Loans
Now, many of those small businesses say they are struggling to pay back fees after defaulting on those loans, The Wall Street Journal (WSJ) reported Thursday...SBA has handed off 860,000 delinquent ...
1 day ago
- The Wall Street Journal
Disaster Loans Provided a Lifeline. Now Small Businesses Owe Billions in Late Fees.
SMALL BUSINESS Ampac USA borrowed $500,000 to stay afloat during the pandemic. The skincare...roughly $262,000. The reason: After Ampac defaulted, the loan was sent to collections where the ...
1 day ago