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They Took Small Business Loans During COVID. Now The Government Is Coming To Collect

Forbes BusinessBy John Schroyer, Forbes Staff

11/1/2026, 11:30:00 AM

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They Took Small Business Loans During COVID. Now The Government Is Coming To Collect — Photo / Coverage: Forbes BusinessCredit: John Schroyer, Forbes Staff

EXECUTIVE SUMMARY

As the Trump administration cracks down on unpaid EIDL loans, thousands face such actions as tax refund seizures and garnishment of wages and Social Security.

Key Takeaways

They Took Small Business Loans During COVID.
Now The Government Is Coming To Collect.
As the Trump administration cracks down on unpaid EIDL loans, thousands face such actions as tax refund seizures and garnishment of wages and Social Security.

As the Trump administration cracks down on unpaid EIDL loans, thousands face such actions as tax refund seizures and garnishment of wages and Social Security.

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