One-third of Oregon’s paycheck protection program money went to 1.6% of loan recipients

Almost one-third of the $ 7 billion Oregon businesses received under the Paycheck Protection Program went to 1,054 businesses, which make up just 1.6% of loan recipients in the country. State, according to data released this week by the Small Business Administration. A total of 66,100 Oregon businesses received potentially repayable loans under the coronavirus …

KeyCorp Posts Record Revenues While Strengthening Loan Loss Reserves

KeyCorp second quarter results, with double-digit loan and deposit growth in the first quarter, exceeded analysts’ expectations, and the company feels fairly positive about its outlook for the rest of the year despite economic uncertainty. Industry-wide in the second quarter, banks set aside billion additional loan loss reserves in anticipation of bad loans. AT Key …

You have taken out a PPP loan.  Now get ready to talk about it

EDITOR’S NOTE: On the morning of Monday, July 6, the SBA released a database with the names and information of all entities that have received a P3 loan of $ 150,000 or more. You can download this list here. At this time, it is not known if and when the names of entities that have …

JLL created $ 103 million in agency debt to fund Denver-based investor Treeline Multifamily Partners‘acquisition of a 500-unit rental complex located just northwest of Denver, according to JLL. The seven years, Freddie mac-a back-to-back financing, which JLL Capital Immobilier – a Freddie Mac Optigo approved lender – was used to purchase approximately $ 154.1 million …

Beni Baningime has only played three minutes as a substitute since joining Derby County on loan from Everton. The 22-year-old midfielder joined the Rams on transfer deadline day February 1 and was one of five loaned players to arrive that day. Another, attacking Lee grégoire played in all six matches (three starts, three as a …

United Wholesale Mortgage Achieves Record Loan Volume in 2020

United Wholesale Mortgage Holdings Corp. On Wednesday posted a profit of $ 3.38 billion in 2020, more than seven times its net profit from last year, as low interest rates boosted refinancing activity. Pontiac-based mortgage lender shared financial results for the first time since going public last month on the New York Stock Exchange in …

Loan program still available for small businesses and some Carrefour startups

A loan program still available for small businesses at Carrefour February 8, 2021 11:02 PM Ozzy Mora Posted: February 8, 2021 11:02 PM Update: February 9, 2021 2:13 AM CROSSROADS, Texas – A small business loan program is back to help small businesses, existing business owners and some startups affected by the COVID-19 pandemic. Press …

Many businesses across the state are feeling the financial consequences of COVID-19, whether or not they are a core business. One is the Short’s Brewing Company. The northern Michigan company just landed a federal loan of nearly $ 1 million under the Paycheck Protection Program. This will be used to pay their nearly 160 employees. …

Colorado Springs Brewery Gets a Helping Hand with a Loan |  Pub Brochets |  Blogs

Imagine devoting your life savings and years to a start-up brewery, going into deep debt and sleeping on a cot in your brewery, not just because you “live your job”. Fast forward seven years. You’ve worked hard to build on how to file bankruptcy on a successful brand, you have 14 employees, and you make …

Will you be eligible for a student loan discount under Biden’s plan?

President Joe Biden made several promises during his presidential campaign to save student loan debt. But not all borrowers qualify. Find out if you qualify for a student loan forgiveness under the Biden plan. (iStock) During his presidential campaign, President Joe Biden made several promises in his student debt reduction plan, including: Immediate $ 10,000 …