Browsing: repay

SBA Economic Injury Disaster Loans (EIDLs) were a lifeline for nearly 4 million small businesses during the pandemic. Nearly six years and multiple deferments later, these…

Key insight: First Citizens made its first payment on a $35 billion debt to the FDIC connected with its Silicon Valley Bank acquisition in 2023.Expert quote:…

Key takeawaysSBA 7(a) and 504 loans may have prepayment penalties. SBA microloans and disaster loans do not.Paying off your SBA loan early can be worth it…

Unlock the Editor’s Digest for freeAn ex-UK tax adviser at BGC Group who admitted taking part in a £24mn scheme to defraud the broker-dealer has been…

The banking commissioner of Connecticut ordered a couple to pay back investors $843,000 plus interest after an investigation found they consistently spent invested money on personal…

Unlock the Editor’s Digest for freeVietnamese tycoon Truong My Lan can avoid execution for orchestrating a $12bn fraud if she repays three-quarters of the misappropriated funds,…