small businesses

Posted on March 17, 2022 Two upcoming virtual networking opportunities will allow attendees to hear from and chat with leaders of CDFIs offering…

The claim: PPP loans must be reported on tax returnsIt's tax season, and thanks to the COVID-19 pandemic, thousands of businesses have a new type of loan to consider when filing.the Paycheck Protection Program, a cornerstone of the CARES…

NEWARK, NJ – Two former residents of Monmouth County, New Jersey, now residing in Frisco, Texas, were arrested today for their role in fraudulently obtaining more than $3 million in Federal Protection Program payments paychecks (PPP),…

Small to medium-sized banks, such as credit unions and community banks, account for about half of mortgage lending in the United States. And, in one in five counties, a community bank is the only financial institution. But origination of…

The city wants new and existing small businesses to apply for funding after receiving millions of dollars from the US bailout. KILLEEN, Texas — The City of Killeen will soon be offering grants to new and existing local…

State Representative Michelle Beckley recently announced her candidacy against Lt. Gov. Dan Patrick and others as part of the bid for the second-highest government office in Texas. Right now, she is entering an overcrowded primary race…

Congress is expanding its investigation into financial fraud during COVID-19, including taking a closer look at two of the major financial aid processors linked to the pandemic. According to At USA Today, South Carolina Representative…

Small businesses economically affected by the oil pipeline spill off the southern California coast are now eligible to receive federal disaster loans from the US Small Business Administration. A virtual disaster recovery…

Housing and jobs, especially for our youth, are necessary for a strong business climate in southern Oregon, says People's Bank president Jamie Lusch / Mail TribuneJulia!-->…

HOUSTON - (COMMERCIAL THREAD) - Cadence Bancorporation (NYSE: CADE) announced today that it has declared a one-time special cash dividend on its Class A common shares of $ 1.25 per share to all common shareholders of record at the…

The mega-church led by Joel Osteen, the famous pastor who preaches humility and drives a Ferrari, has paid off $ 4.4 million in pandemic loans.Osteen caught criticism last December after it was revealed that his church had taken…

HOUSTON - (COMMERCIAL THREAD) - Cadence Bancorporation (NYSE: CADE) today announced a quarterly cash dividend in the amount of $ 0.158 per common share outstanding, representing an annualized dividend of $ 0.632 per share. The…

File photo: The employees are Kids IIInc, an American manufacturer of baby products and toys, at a factory in Jiujiang, Jiangxi province, China on June 22, 2021. I work on a production line. REUTERS / Gabriel Crossley September 30, 2021…

WASHINGTON (AP) - Restaurant and hotel owners are struggling to fill jobs. Delays in the supply chain drive up prices for small businesses. Unemployed Americans unable to find work even with record high job vacancies. These and…

The Small and Medium Business Administration said on Thursday that type COVID-19 Delta will continue to expand nationwide, so more SMEs will have access to government financial support under a loan program. in the event of a disaster.…

September 17, 2021 | Austin, Texas | Press release Governor Greg Abbott today discussed Texas' vibrant economy and business environment at a small business roundtable hosted by Goldman Sachs in…

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The following discussion and analysis is intended to assist readers in understanding our financial condition as of and results of operations for the three and six months ended June 30, 2021 and should be read in conjunction with our…

On the cusp of the COVID-19 pandemic, when offices and restaurants began to close, the federal government worked to keep small businesses afloat - ultimately spending more than $ 1 trillion to help protect the American dream of millions of…

Enterprise Financial Services Corp., the parent company of Enterprise Bank & Trust, has announced that its acquisition of First Choice Bank has received all of its necessary regulatory approvals and is now in the hands of…

Lawmakers heard from black business owners in Dallas who said they were all denied loans the United States House Financial Services Committee held a hearing on Tuesday explore how banks are ignoring minority…

The Houston Chronicle's "Unfair Burden" series showed how Texas businesses reduced their tax bills by more than $ 1 billion a year with just one business grant program.Chapter 313, known for its place in the state's tax code, costs more…

HOUSTON - (BUSINESS WIRE) - June 30, 2021--Cadence Bancorporation (NYSE: CADE) announced today that…

BEAUMONT, Texas - An engineer from Beaumont has been convicted of his participation in a scheme to file two fraudulent loan applications for more than $ 13 million in paycheck protection program (PPP) repayable loans guaranteed by the…

As federal lawmakers seek to understand how best to pull the country out of health and financial crises, many advocates are calling for a new paradigm: the intentional inclusion of all who have been excluded, overthrown and underserved.…

WASHINGTON (Reuters) - The U.S. government said on Friday it would not provide approved pandemic relief funds to more than 2,900 small businesses owned by women, veterans and disadvantaged people to comply with a injunction issued by a…

AUSTIN (KXAN) - On Monday, Dream Bakery in north Austin announced via Facebook that it had closed its doors to walk-in customers for the day. The reason? A shortage of available employees after several calls due to…

AUSTIN, Texas - Texas Democratic Party Chairman Gilberto Hinojosa made the following statement on Memorial Day: “On Remembrance Day, we pay a solemn tribute to the Veterans who made the ultimate sacrifice…

In response to WFAA reports, some elected officials are looking for ways for local governments to impose liabilities on banks to ensure fair loans. Dallas - Banks lend relatively little money to most of the minority people living under…

Allied Market Research has released a new report on 'Payday Loans Market by Type (Platform Financial Support and Non-Platform Financial Support) and Application (Staff, Retired Employees and Others): Global Opportunity Analysis and…

Texas House previously approved the bill, which Gov. Abbott said he would sign, according to the Texas Alcoholic Beverage Commission website."Making the tools to make alcohol permanent will accelerate the industry's recovery, supporting…

America's top regional banks have surged to meet the needs of customers and the community throughout the tough times of the year.…

Posted: May 4, 2021 / 4.30 p.m. CDT / Update: May 4, 2021 / 4.30 p.m. CDT Source: Texas GLO Facebook AUSTIN, Texas - On Tuesday,!-->…

The Paychex | The IHS Markit Small Business Employment Watch, compiled from aggregate payroll data of approximately 350,000 clients on the Paychex Human Capital Management (HCM) suite, is available with the latest figures. The…

The Paychex | The IHS Markit Small Business Employment Watch, compiled from aggregate payroll data of approximately 350,000 clients on the Paychex Human Capital Management (HCM) suite, is available with the latest…

Update at 12:59 p.m., May 4: A House vote on HB 3813 was postponed from Tuesday, May 4 to Tuesday, June 1, after Lege's session ended, eliminating his chances of passing as a draft of autonomous law. When most Texans gaze at…

A man from Texas pleaded guilty today to orchestrating a fraudulent scheme to obtain an estimated $ 24.8 million in forgivable Paycheck Protection Program (P3) loans and laundering the proceeds. According to court documents, Dinesh Sah,…

Text size Some advocate buying gift cards - spending money now for consumption…

In 2020, the UK saw more than double lending to small and medium-sized enterprises (SMEs) to over £54 billion compared to the previous year. Despite this significant increase in available credit, SMEs still experienced a…

Woman's hand using laptop and smartphone. Getty Small businesses need access to credit to survive and thrive. For centuries, banks have been the main source of financing for small businesses.…

Experts say CARES law sparked by pandemic provided short-term help but created new fiscal uncertainties The rapid passage of the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act meant companies had little time to educate…

DURHAM Small business owners in Durham on Friday asked city and county leaders to increase the planned loan fund from $ 1 million to $ 4 million, saying local authorities were not doing enough to help them survive the coronavirus…

Non-bank lenders have asked for government help with financing, fearing the new state-sponsored "rebound" loan program could hurt competition in the small business lending market.Small businesses can apply for loans of up to £ 50,000…

CLEVELAND - His hot chicken sandwiches are all the rage, but right now their future looks uncertain. “It kind of really got us out of the water, even though we were trying to make our comeback,” said Victor Searcy Jr., executive chef of…

(Photo credit: roberthuffstutter) Starting a small business is no easy task. If you've heard the old adage "It takes money to make money", nowhere is it more true than when starting a…

With new jobless claims totaling nearly 10 million over two weeks and some economists warning that the unemployment rate during the coronavirus pandemic could go higher than it did during the Great Depression, Catholic charities across the…

Small businesses have secured more than 69,000 government guaranteed loans worth over £ 2 billion in the first 24 hours after the start of the program.This number represents 53% of the 130,000 applications filed by companies trying to…

The onset of the pandemic led to the disappearance of almost all of Armstrong Landscaping and Excavating's spring contracts. The company, located in Washington City, Knox County, was founded in 1999 by 24-year…

Adobe StockCash flow is the lifeblood of any business. According to a study by the American bank, poor cash flow management is the cause of 82% of bankruptcies of American companies. While seemingly counterintuitive, many experts advise…

It just arrived in our inbox, and we wholeheartedly approve it. So, we are sharing it here for all of you. If you also agree, please share your own way. An open letter to our elected officials; None of us miss out on a double whammy - a…

(CNS): The law governing the Cayman Islands Development Bank appears to be a barrier to small businesses accessing low-cost government-guaranteed loans to help them overcome the economic challenges of COVID-19. Some C $ 5 million has…

When Stephanie Clark was temporarily laid off from her administrative job for the city of Henderson, Nevada on March 10, at the height of the COVID-19 pandemic, she was told she would be recalled next month.At the beginning of April, she…

WASHINGTON (Reuters) - A large-scale pandemic assistance program has protected an estimated 51.1 million U.S. jobs, the Trump administration said on Monday, revealing how $ 521.4 billion in taxpayer cash had been injected into small…

“If they don't increase the price, I'm not signing anything,” Trump said. “So they're going to increase the price, so they become more profitable, but therefore they lose a lot less money. If they don't, I'm not signing anything, and I'm…

As the coronavirus pandemic spreads across the United States, people are doing their part to keep everyone safe, including through social distancing, obeying local curfew laws, and obeying emergency orders. shelter in place. While these…

For the DC Sweet Potato Cake from the local DC Bakery, $ 23,000 would have gone a long way.The bakery, known for its eponymous little desserts, applied for a COVID-19 relief loan from the Small Business Administration intended to keep its…

LANSING, Mich. - Govt. Gretchen whitmer and Huntington announced a $ 5 billion pledge to Michigan businesses, affordable housing and community efforts.The Five-Year Lending, Investing, and Philanthropy Plan aims to help improve financial…

WASHINGTON - The Trump administration and Congress are set to strike a deal on Sunday on an aid package of up to $ 450 billion to boost a cash-strapped small business lending program and add funds for hospitals and COVID-19 testing. As…

JERSEY CITY, NJ, November 5, 2020 / PRNewswire / - Pearl Capital Business Funding, LLC, a leading provider of direct financing to small and medium-sized businesses, today announced that it will resume financing of cash advances to…

COVID-19 relief could now be at risk following a late-night rant from President Donald Trump, who demanded Congress cut unnecessary spending from its $ 2.3 trillion spending program while by approving additional…

DAVENPORT, Iowa (KWQC) - More than 2,500 businesses in the Quad-City metro area have received loans under $ 150,000 under the Paycheck Protection Program, according to data released this week by the US Small Business Administration.The data…

SAN FRANCISCO - (BUSINESS WIRE) - Yelp Inc. (NYSE: YELP), the company that connects people to large local businesses, today announced that it has deposited $ 10 million of its cash reserves with corporate-owned financial…

Getty There is good news this week regarding the Paycheck Protection Program or PPP. The money is finally reaching the small businesses and the self-employed who need it most. Kabbage, a data and technology company…

A federal judge on Friday questioned claims that accountants, lawyers and other consultants are entitled to be paid by banks, including JPMorgan Chase and Citibank, for helping small businesses apply for loans pandemic relief this spring.…

BOSTON / NEW YORK / WASHINGTON (Reuters) - Banks that facilitated the U.S. government's paycheck protection program initially saw the effort as a small revenue booster with a patriotic bonus, securing $ 525 billion in loans to companies…