Tag Archives: small businesses

MCALLEN, Texas — McAllen-based senior loan officer Marlene Rodriguez has been promoted to market director for micro-lender LiftFund. In his new position, Rodriguez will now be able to offer larger loans of up to $500,000 in the Rio Grande Valley. LiftFund President and CEO Janie Barrera said the impact of …

Cadence Bank, formerly BancorpSouth, has announced its 2022-2026 Community Benefits Plan. Developed in conjunction with the National Community Reinvestment Coalition (NCRC), it is built on a commitment to support traditionally underserved communities, including low- and moderate-income (LMI) neighborhoods, people of color and small businesses. The $20.7 billion five-year plan includes …

Friends from Alabama, my name is Brent McCarver and I live in Jasper. I am a 48 year old Christian father and husband who is striving to improve the lives of my daughters and my two year old grandson. Having worked in the public sector, from a US congressional office …

Flash floods swept through parts of central Alabama in October 2021. They destroyed homes, washed away vehicles and killed four people in several counties. Jefferson and Shelby counties saw the brunt of the precipitation. No less than ten centimeters of rain fell in some places. Precipitation graphs for October 6 …

By Hannah Curran, Editor-in-Chief JEFFERSON COUNTY – The United States Small Business Administration (SBA) announced the opening of a Business Recovery Center (BRC) at the Hoover Recreation Center in Hoover on Thursday, January 6 to provide businesses with Alabama individual assistance in submitting a disaster loan. if they were affected …

BEIJING – Construction and real estate sales have fallen. Small businesses have closed due to rising costs and weak sales. Local authorities in debt reduce the salaries of civil servants. China’s economy slowed markedly in the final months of last year as government measures to curb property speculation also hurt …

The Alabama House Democratic Caucus released its legislative platform on Wednesday that urges Republicans who enjoy supermajority status in the Legislature to spend federal relief funds on health care. The caucus also renewed calls to expand Medicaid under the Affordable Care Act, repeal the state’s 4% grocery tax, implement early …

President Joe Biden speaks at a rally for Democratic gubernatorial candidate former Governor of Virginia. … [+] Terry McAuliffe, Tuesday, October 26, 2021, in Arlington, Virginia. As Biden and Democrats try to get roughly $ 2 trillion package to the finish line, new poll shows Biden faces an increasingly pessimistic …

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange CADE – Market data and news To exchange Cadence Bank (NYSE: CADE) shares …

TUPELO, Miss. and Houston, texas, October 15, 2021 / PRNewswire / – BancorpSouth Bank (NYSE: BXS) (“BancorpSouth”) and Cadence Bancorporation (NYSE: CADE) (“Cadence”), the parent company of Cadence Bank, NA, announced that their proposed merger has received l ‘Federal Deposit Insurance Company Final Approval (“FDIC”). The FDIC approval follows recent …

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange CADE – Market data and news To exchange Today, shares of Cadence Bancorporation …

BIRMINGHAM, Alabama – (BUSINESS WIRE) – October 5, 2021– Regions Community Development Corporation, a wholly owned subsidiary of Regions Bank, on Tuesday announced a $ 2 million equity investment in Optus Bank, a federally appointed minority depository institution and community development financial institution (CDFI ). This press release features multimedia. …

In honor of National Breast Cancer Awareness Month, the Alabama Breast Cancer Research Foundation (BCRFA) partners with more than 20 companies to support innovative and vital research in Alabama. “Breast Cancer Awareness Month is an important opportunity to prevent breast cancer deaths through education and investment in breast cancer research,” …

CHICAGO – When Democrats adopted President Joe Biden’s $ 1.9 trillion coronavirus relief package, Republicans have called it liberal “favorite projects” disguised as pandemic aid. But now that Republican governors and local leaders have the money in hand, they are also using it for things on their wish lists. Alabama …

Foundations diversify their investment managers Foundations try to increase diversity, starting with the companies that manage their assets. The Nathan Cummings Foundation announced in a press release this month that black-owned asset management company Bivium-WestFuller will now manage its endowment. Separately, the MacArthur Foundation has pledged to invest at least …

September 30, 2021 at 5:01 p.m. CHICAGO (AP) – When Democrats adopted President Joe Biden’s $ 1.9 trillion coronavirus relief package, Republicans called it liberal “pet projects” in disguise as pandemic aid. But now that Republican governors and local leaders have the money in hand, they are also using it …

More than a year after the start of the COVID-19 pandemic, Alabama’s death rate is still skyrocketing. At some point in the past month, the state mean up to 100 deaths per day in a single week. It also has one of the lowest vaccination rates in the countryside; about …

There may soon be a new option for your car’s license plate that will help support small businesses in Alabama. WAAY 31 Connects Northern Alabama By Showing Main Street Alabama Nonprofit’s Willingness To Launch The “Shop Local, Support Small” License Plate And How It Will Fund Grants For Troubled Small …

Amazon.com Inc has stressed that it has zero tolerance for corruption and will fully investigate all corruption allegations, responding to a report from an Indian media outlet that the US e-commerce giant has opened an internal investigation into the corruption. allegations of corruption. The US company has opened an investigation …

“Fulfilling our commitment to closing the opportunity gaps in our communities requires strategic investments from mission-aligned partners like SouthState. $ 17 million new capital since 2020 and increased our assets to nearly $ 300 million,” mentionned Dominik mjartan, President and Chief Executive Officer of Optus Bank. “Deploying this capital in …

This is an opinion column. “I’m not throwing my shot.” ​​-lyrics to “My Shot”, Hamilton. It’s Christmas. Christmas in summer. All over. Not just in Birmingham, Montgomery, Mobile or Huntsville. All over. Not just in Alabama. All over. Santa, a / k / a, President Biden, and the United States …

ETOWAH COUNTY, Alabama (WBRC) – Governor Ivey has announced that her office is delivering more COVID-19 relief funds to six counties. Etowah County will receive a $ 500,000 grant to relieve small business and provide rental assistance to qualified residents. Etowah County Commissioner Executive Director Shane Ellison hopes the money …

Political analysts say the entry of former Business Council of Alabama CEO Katie Boyd Britt in the race for the US Senate could spark a battle between the business wing of the Republican Party and the popular wing aligned with Donald Trump . Britt did not announce his candidacy but …

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it will deposit $ 135 million of its capital in mission-oriented financial institutions and management funds that help underserved communities of color fight barriers to economic equity, including Hope Credit Union, OneUnited Bank, Self-Help Federal Credit Union, CNote’s Wisdom Fund, and various …

MONTGOMERY – Governor Kay Ivey has awarded a total of $ 770,000 to help three counties and one city in their efforts to recover from the COVID-19 pandemic. The Town of Bessemer received $ 70,000. Hale County and Sumter County each received $ 200,000 and Marion County received $ 300,000. …

With these deposits, PayPal has now committed more than $ 500 millions of capital through its racial equity initiatives, including a deposit in Optus Bank; an investment in LISC’s Black Economic Development Fund; investments in 19 venture capital funds led by Black and Latinx; and grants to black-owned small businesses …

COLUMBUS, Georgia – (BUSINESS WIRE) – June 1, 2021 – Synovus today launched Synovus Accelerate AR, a brand new fully integrated receivables suite that enables businesses to accelerate access to working capital and reduce exceptions through direct processing across all payment channels. Synovus Accelerate AR comes bundled with Deluxe, a …

This AARP survey explored the opinions of 817 Alabama small business owners or decision makers on employee benefits. Most small business owners worry as taxpayers that some Alabama residents haven’t saved enough money for retirement. Most believe that more should be done to encourage Alabama residents to save for retirement. …

The telegraph Nicola Sturgeon faces backlash for keeping Glasgow under Covid Level 3 restrictions Glasgow is to remain in the UK’s top lockdown for a week and will lag behind the rest of Scotland as restrictions are further relaxed, Nicola Sturgeon said today as she faced a furious commercial backlash. …

GULFPORT, Mississippi – (BUSINESS WIRE) – May 27, 2021 – Hancock Whitney Corporation (Nasdaq: HWC) today announced that the company’s board of directors has approved a 2021 second-quarter ordinary cash dividend of $ 0.27 per share. The regular quarterly cash dividend in common shares is payable on June 15, 2021 …

You are probably familiar with some of the most important specialty license plates in Alabama. Cars through the starting sports labels for their favorite college or university or that promote a profession or support a cause. What you might not realize is that there are over 100 license plate options …

May 22, 2021 A RESTAURANT CHAIN in Huntsville, Ala., draws an additional a few thousand dollars from its working capital facility with a local bank. Meanwhile, its employees’ pension plan must convert the variable interest rate on $ 10 billion of its assets into a fixed income stream. The system …

It’s official: a new law that will allow the operation of hair and mobile nail salons in Alabama has been signed by Governor Kay Ivey. “I’m excited about small businesses, I’m excited about this barber, this hairstylist, this skincare professional, all these people who will be covered,” said State Representative …

Editor’s Note: This is an excerpt from Planet Moneythe newsletter of. You can register here. Although it has seen its ups and downs, the stock market has hit all-time highs in recent years. For many, this is great news: it’s a sign that the economy and their retirement accounts are …

Delaware small businesses and nonprofits can now get low interest loans of up to $ 100,000 and free business assistance from the Southern Opportunity and Resilience Fund as they work to grow. recover from the pandemic. Delaware businesses and agencies can start applying for ultra low interest loans of up …

The best regional banks in the United States surged to meet the needs of customers and the community throughout the tough times of the year. As the Covid-19 pandemic emerged, “the extent of the uncertainty” was unclear, says Jerry Sargent, chairman of the Citizens Bank and executive of the Massachusetts …

PNC Financial Services Group’s planned acquisition of an Alabama-based bank will bring additional community investment to all of PNC’s markets, including Greater Boston. PNC this week announced a new community benefits plan that will provide $ 88 billion in loans, investments and other financial support to strengthen economic opportunities for …

When an entrepreneur like Jason Wilson posts what is effectively a “wanted situation” ad with his resume on social media, he gets attention. This is how Wilson revealed last week that he was leaving the company he founded 12 years ago, Back Forty Beer, after seeing it grow into one …

As President Biden nears his 100th day in office, one of the campaign promises looming during his presidency is to ensure that underserved and low-income communities are at the forefront – guard against any economic recovery. It was a conversation he had in public and behind closed doors with senior …

Local restaurateurs and arts organizations are among those seeking federal aid under the $900 billion stimulus package passed two days after Christmas. President Trump signed the bill Dec. 27, six days after Congress passed it. The latest CARES (Coronavirus Aid Relief and Economic Security Act) injects more money into the …

A few days ago I started writing an article about the PPP program. In short, this program aims to help small businesses maintain employee compensation. It is currently in its second round of funding and totals over $650 billion. The program’s initial failures are well documented – from difficulty getting …

Temenos (SIX: TEMN), the banking software company, today announced that its digital omnichannel product Temenos Infinity enables U.S. banks and credit unions to expedite applications for small business loans under the Temenos Infinity program. United States Small Business Administration (SBA) paycheck protection (PPP). . Implemented under the American CARES (Coronavirus …

Some San Antonio groups wanting to provide assistance to very small local businesses seeking federal stimulus money have turned to the bankers at Frost Bank for tips. They target companies with less than 50 employees. In a conference call Thursday, Frost Bank CEO Phil Green and other bank officials shared …

Small businesses in Bexar County that have suffered losses from the COVID-19 pandemic have until June 19 to apply for a second round of grants. The county-wide program application process, which opened on Monday, is designed to provide assistance as needed. It is administered by the non-profit association LiftFund in …

DENVER (CBS4) – A new program starting next week will provide more than $ 25 million in small business loans and grants to Colorado businesses. “Energize Colorado” will prioritize businesses in rural areas, as well as those owned by veterans, women and minorities. Alan Gionet of CBS4 spoke with business …

LUBBOCK, Texas – The Lubbock Small Business Development Center is preparing applicants for the second round of Paycheck Protection Program loans. First-time business loan applications were accepted on Monday, while businesses that have already received a loan will be able to begin the application process on Wednesday. “The PPP loan …

With an unprecedented crisis, comes unique help. Many small business owners, lenders and business consultants are trying to navigate the nuances of the CARES Act, a coronavirus relief program passed in late March, with the aim of mitigating losses, starting to recover and plan for the future. To date, the …

GOLETA, CALIF. – Days of uncertainty compounded by hope and confusion over the process for applying for a small business loan through the federal government have baffled local homeowners. And worried. Linda Mangione (left) and her husband Robert (right) owners of MasterCare in Goleta. Manager, Maria Castro, stands in the …

SACRAMENTO, Calif .– The US Small Business Administration is offering low-interest federal disaster working capital loans to small California businesses suffering substantial economic harm as a result of COVID-19. The SBA acted on its own authority, as provided for in the President’s recently signed Coronavirus Preparedness and Response Supplementary Appropriations …

National information webinar to review the application process on March 30 Washington, March 19, 2021 (GLOBE NEWSWIRE) – The Administration of American Small Businessesn launches a home page for the Shuttered Venue Operators Grant (SVOG) application portal today in anticipation of the opening of applications for the highly anticipated Critical …

There have been many changes to the Paycheck Protection Program (PPP) over the past few months, mainly due to the law on economic aid for small businesses, nonprofits, and hard-hit sites ( Economic Aid Act) enacted in December 2020 as part of the Consolidated Appropriations Act, 2021, and related administrative …

AUSTIN (KXAN) – A spokesperson for the US Small Business Administration told KXAN on Tuesday that the list of companies receiving loans under the Paycheck Prevention Program would likely not be made public. Lawmakers have called for more transparency after reports that the first round of loans went to large …

GRAND ISLAND, Neb., May 12, 2020 (GLOBE NEWSWIRE) – Amur Equipment Finance, Inc. (AmurEF), one of five nationally-ranked independent equipment finance companies, has announced that it has been approved by the Small Business Administration (SBA) of the United States. ) to serve as a paycheck protection program (P3) lender. AmurEF …

If you are, or plan to be, the beneficiary of a CARES Act loan (including PPP, EIDL, payroll tax deferral, etc.) a SCORE sponsored webinar can help. On May 27, from 5:30 p.m. to 8:00 p.m., there will be a ZOOM webinar regarding the CARES Act Loans and where you …

Sacramento City Council is offering forgivable loans of up to $ 25,000 to small businesses and nonprofits affected by the coronavirus crisis. The board approved the $ 10 million small business stimulus package on Tuesday night. The city promises that at least 75% of the loans will go to businesses …

The new Fiverr Business platform highlights the importance of team collaboration at a time when more and more people are working remotely. Everyone from small businesses to large corporations are allowing their teams to work remotely due to the pandemic. And this has created the need for a more efficient …

AUSTIN (KXAN) – Business owners are trying to get their hands on a paycheck protection program loan to help keep their businesses afloat. The program just released a week ago. “These new rules are really complicated,” said Joshua Baer, ​​founder and CEO of Capital Factory. “So the challenge is that …

CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX: (716) 551-3051 BUFFALO, NY – U.S. Attorney James P. Kennedy, Jr. today announced that a federal grand jury has handed down a five-count indictment accusing Michael Kornaker, 50, of North Tonawanda, NY , wire fraud and aggravated identity theft. The charges carry a minimum sentence …

Governor Michelle Lujan Grisham plans to allocate $ 50 million in federal stimulus funds to establish local grant programs for small businesses affected by the coronavirus pandemic. The money will come from $ 150 million in funding for local governments approved under a budget solvency bill signed by Lujan Grisham …

GLENDALE, California, July 20, 2020 / PRNewswire / – Through the SBA’s Paycheck Protection Program (PPP), California Credit Union (CCU) has granted loans to 546 small businesses totaling more than $ 53.4 million. These PPP loans are estimated to have helped save or restore around 5,500 jobs in Southern california. …

In a whirlwind of legislation, rule-making, guidance, and answers to FAQs on the CARES Act, inevitable confusion has arisen regarding companies’ eligibility for the Paycheque Protection Program (PPP). Under the PPP, $ 349 billion in funding is available for businesses affected by COVID-19. Qualifying businesses can borrow up to 2.5 …

Michigan small businesses hit by state orders limiting operations and restricting gatherings are about to have another chance, as are operators of small performance venues. The Michigan Strategic Fund board on Thursday approved $ 55 million in grants for small businesses affected by the state’s health department order, originally set …

This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. BROOKLYN – Much-needed help is on its way to a small business in Brooklyn, and it’s coming from the borough itself. …

On Wednesday, the Federal Reserve temporarily lifted a limit on Wells Fargo & Co.’s ability to provide coronavirus relief loans to small businesses through the new paycheck protection program. As a result, the bank announced that it would expand its stake in $ 349 billion program, which offers small businesses …

Last week, Olga Sagan gathered her team at Piroshky Piroshky, a chain of bakeries in Seattle. Pedestrian traffic had fallen by 70% due to the coronavirus. The restoration was zero. “I said guys, we’re a bakery. We will do what we do well, but we also bake bread, ”she said. …

ALBANY COUNTY – The county is launching a lifeline for small businesses trying to stay afloat amid the pandemic. A new grant program was announced Wednesday morning – funded to the tune of $ 500,000 – that will give eligible businesses up to $ 5,000. “The main purpose of these …

CHICAGO (WSIL) – Governor JB Pritzker has announced a package of state grant programs to support Illinois communities and businesses affected by the COVID-19 pandemic and recent civil unrest. The package includes more than $ 900 million in more than ten programs and four state agencies. According to the governor’s …

SAN FRANCISCO, March 17, 2021 / PRNewswire / – Wonderschool, an innovative online platform that connects families to a diverse set of childcare options and supports providers, today announced that childcare providers within of its network can now access assistance in applying for federal financial assistance, as well as tax …

Posted on Sunday, March 21, 2021 at 5:20 p.m. Join the 100,000+ AFP followers on Facebook Buy an AFP subscription Subscribe to AFP podcasts on itunes and Spotify News, press releases, letters to the editor: [email protected] Advertising requests: [email protected] Jennifer mcclellan State Senator Jennifer McClellan detailed her plan on Sunday …

US Small Business Administration says businesses can still apply for federal paycheck protection program funds from banks and credit unions until June 30, with more than $ 128 billion left in the program. As of June 20, more than 70,500 businesses in Louisiana have received approved loans totaling more than …

$ 7 billion in broadband financing Broadband legislation provisions target funding for new and existing programs, addressing the immediate challenges of broadband access and affordability intensified by the pandemic, while also addressing the long-term deployment of broadband and network security issues. Specifically, the legislation will provide additional funding for telehealth, …

WITH THE AUTHORIZATION OF NOAA / NCEI This updated NOAA map of drought conditions shows that all of the main islands were affected to varying degrees by the dry summer and fall. Small businesses in Honolulu affected by the drought that began Sept. 15 may qualify for low-interest federal disaster …

Businesses with annual revenues between $ 1,000 and $ 2.5 million are eligible. It also includes cancellation fees for licenses like cosmetology and alcoholic beverages. SACRAMENTO, Calif .– Gov. Gavin Newsom enacted a $ 7.6 billion coronavirus relief program on Tuesday, providing much-needed relief to small businesses in the state …

In response to the current financial distress caused by the COVID-19 pandemic, on March 11, 2021, the American Rescue Plan Act of 2021, a historic $ 1.9 trillion stimulus package, became law. This alert highlights several important elements of the US bailout affecting the businesses and nonprofits hardest hit by …

Insurance claims on new business loans doubled in September, Purbeck Insurance Services revealed. In the first three weeks of September, Purbeck saw an increase in claims for personal guarantee insurance on new business loans, reflecting concerns about the end of government-backed loan programs. Read more: A fifth of small business …

the U.S. Small Business Administration launch a page for the Shuttered Venue Operators Grant (SVOG) application portal today in anticipation of the opening of applications for the economic assistance program on Thursday, April 8, 2021. The Shuttered Venue Operators Grant (SVOG) program was created under the Economic Assistance to Small …

COLLEGE STATION, TX – On March 19, Acting U.S. Attorney Lowery indicted a 44-year-old man from Bryan on one count of wire fraud. According to the indictment, Keith Anton Johnson allegedly received $ 123,500 in Small Business Administration Payroll Protection Program (PPP) funds under the CARES Act. According to the …

Samantha ketterer, Personal editor July 14, 2020Updated: July 14, 2020 2:12 p.m. A man uses an ATM in this file photo. Micheal O Fiachra / EyeEm / Getty Images / EyeEm According to the Office of U.S. Attorney Ryan K. Patrick, a Houston man was charged with COVID-19 rescue fraud …

One of the options available in the market for those who need money quickly is personal payday loan . This modality guarantees a financial respite for the contractor, since it has easier access than other banking products and can be negotiated with the institutions, which provides better payment conditions . …