Get Illinois Entrepreneur Sentenced - Sba

State loan programs are available to small businesses looking to start or grow their business, or businesses who have been impacted by COVID-19 health and safety restrictions and natural disasters.

Can I Apply for a PPP Loan in 2024? The PPP closed PPP loan applications in May 2021 and is unlikely to be refunded in 2022 or beyond. Existing borrowers may still be eligible for loan forgiveness.

The PPP ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.

The PPP ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. SBA also offers additional COVID-19 relief.

Business owners defaulting on their SBA loan can apply for loan forgiveness, but that does not guarantee the SBA will approve the request. It is more commonly referred to as an "offer in compromise".

What you need to know about small business grants. SBA does not provide grants for starting and expanding a business. SBA provides grants to nonprofits, Resource Partners, and educational organizations. These grants aim to support entrepreneurship through counseling and training programs.

The Office of Inspector General's mission is to provide independent, objective, and timely oversight to improve the integrity, accountability, and performance of SBA and its programs for the benefit of the American people.

An SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.