Search for: "Community Business Lenders"
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1 May 2020, 9:18 am
The country may be shut down for business right now, but it’s business as usual for many credit card lenders. [read post]
1 May 2020, 7:53 am
The court’s ruling could be significant not only for Trump and his businesses, but also for the presidency more broadly. [read post]
1 May 2020, 7:34 am
Representatives Judy Chu (D-CA), Chairwoman of the House Small Business Subcommittee on Investigations, Oversight, and Regulations, and Representative Velazquez wrote a letter to the SBA and the Treasury Department urging new rules for PPP to ensure lenders do not set unreasonable, exclusionary, or inequitable conditions on applicants, citing concerns that lenders were only accepting applications from customers with a pre-existing business lending relationship or… [read post]
30 Apr 2020, 6:56 pm
Out of the $310 additional funding, $60 billion will go toward the EIDL program, $250 billion will go toward PPP loans, and $60 billion will be set aside for community banks and community development financial institutions (CDFIs). [read post]
30 Apr 2020, 8:22 am
— ABA Journal Small Business Administration temporarily limits stimulus loans to small lenders — The Small Business Administration briefly closed applications for emergency small business loans to all but the nation’s smallest lenders on Wednesday. [read post]
30 Apr 2020, 7:44 am
There’s an abundance of fitness, food, productivity, dating, ride-sharing, delivery, shopping and community apps to choose from in the quest to make life healthier, easier and more meaningful. [read post]
29 Apr 2020, 1:05 pm
Therefore, of this $310 billion, the SBA will direct $60 billion to smaller lenders, credit unions, and community banks: $30 billion to lenders with assets valued at less than $10 billion, and $30 billion for lenders with assets between $10 and $50 billion. [read post]
28 Apr 2020, 4:20 am
In Maine Community Health Options v. [read post]
25 Apr 2020, 10:17 am
§ 56:8-2 (banning use of improper business practices). [read post]
24 Apr 2020, 4:24 pm
The SBA adds that if a business or the owner of a business becomes a debtor in a bankruptcy proceeding after submitting a PPP application but before the PPP loan is disbursed, it is the business’s obligation to notify the PPP lender and request cancellation of the PPP application. [read post]
24 Apr 2020, 4:00 pm
The Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) guarantees loans from qualified lenders to small businesses impacted by the COVID-19 pandemic so that those businesses can keep workers employed. [read post]
23 Apr 2020, 9:06 pm
Of the $380 billion that will go to small businesses in this second round of aid, the text of the legislation approved by the Senate earlier this week indicates that approximately $310 billion will fund further PPP loans, and $60 billion of that amount will go to smaller lenders like community banks and credit unions. [read post]
22 Apr 2020, 5:48 pm
Although those funds were designed to keep small businesses alive in the face of the COVID-19 pandemic, publicly traded companies and those with strong lender relationships were reportedly pushed to the front of the line. [read post]
22 Apr 2020, 12:35 pm
Although most of the money is going to the PPP, billions of other dollars are going to places such as community lenders, hospitals, funding for testing, and emergency disaster loans and grants. [read post]
22 Apr 2020, 11:03 am
It remains an immutable rule in this business – no job, no income, no mortgage financing. [read post]
22 Apr 2020, 9:55 am
Repeal the tariff tax burden on American consumers and businesses. 6. [read post]
22 Apr 2020, 8:55 am
Lenders are busy disbursing money to businesses. [read post]
21 Apr 2020, 9:03 am
The Act does not cover borrowers or lenders of any commercial property. [read post]
20 Apr 2020, 4:47 pm
Borrowers should contact their lenders to follow up with the process. [read post]
20 Apr 2020, 12:05 pm
Communications include firm news, insights, and events. [read post]
