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2024

US seeks collection on up to $20B in delinquent COVID loans to small businesses, nonprofits

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US federal officials have begun holding small businesses and nonprofits accountable for the roughly 1 million delinquent government loans that were handed out during the pandemic — and which carry a face value of as much as $20 billion. The Small Business Administration this week began referring neglected COVID disaster loans with balances of $100,000...



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