The Business Journals

Slutty Vegan’s owner couldn’t pay back a $1M Covid-era disaster loan. She isn’t alone.

Mar 18, 2026, 8:15am EDT Updated: Mar 18, 2026, 12:01pm EDT Getty Images (Kameleon007) More than $4 billion in Economic Injury Disaster Loans were charged off in the first six months of 2025. From the ...

SBA Sends 562,000 Suspected Fraudulent Loans to Treasury for Collections Totaling $22 Billion

The SBA has transmitted the borrowers to the DOJ. And with today’s referral, Treasury will begin collecting on the outstanding debt as part of the Trump Administration’s commitment to recouping stolen ...
Santa Clarita Magazine

Did You Personally Guarantee Your Business EIDL loan? What You Need to Know – Ray J. Bulaon

During the economic upheaval caused by the COVID-19 pandemic, the U.S. Small Business Administration (SBA) expanded its Economic Injury Disaster Loan (EIDL) program to provide critical financial ...