Business
This episode looks at the current state of SBA’s EIDL loans. The amount of charge offs for EIDL loans exploded to $52 billion in 2023. The SBA has stated that about 1.3 million EIDL loans are either past due, delinquent, in liquidation, or charged off. The SBA made a total of 4.1 million EIDL loans over a 3-year period. The SBA now finds itself in a new position as the main creditor of these loans.
Link: SBA Covid EIDL loans in focus in new bankruptcy wave - Philadelphia Business Journal (bizjournals.com)
More Episodes
Episode 116: Banking Update 4-21-2024
2024-04-21
12
2024-04-21
12
Episode 115: ICBA 2nd Quarter Regulatory Update
2024-04-21
14
2024-04-21
14
Episode 113: Do the clothes make the man?
2024-04-21
15
2024-04-21
15
Episode 110: Banking Update 4-14-2024
2024-04-14
16
2024-04-14
16
Episode 109: The Lords of Easy Money Part 10
2024-04-14
19
2024-04-14
19
Episode 108: Interview with Greg Smith from Stonier
2024-04-13
13
2024-04-13
13
Episode 107: Banking Update 4-7-2024
2024-04-07
12
2024-04-07
12
Episode 106: Update on bank M&A news
2024-04-07
14
2024-04-07
14
Episode 105: Update on bank bond portfolios
2024-04-07
17
2024-04-07
17
Episode 104: Can you be all things to all people?
2024-04-07
10
2024-04-07
10
Episode 103: Vendor or Partner?
2024-04-07
10
2024-04-07
10
Episode 102: The Lords of Easy Money Part 9
2024-04-06
20
2024-04-06
20
Episode 101: The Lords of Easy Money Part 8
2024-04-06
25
2024-04-06
25
Easter Special - Personal Financial Review
2024-03-30
14
2024-03-30
14
Episode 100: Banking Update 3-24-2024
2024-03-24
17
2024-03-24
17
Episode 99: Bank Director 2024 Risk Survey
2024-03-23
15
2024-03-23
15
Episode 98: Japan ends era of negative interest rates
2024-03-23
10
2024-03-23
10
Get this podcast on your
phone, FREE
