Accounts

NC woman went on a shopping spree with a $ 150,000 viral aid loan, prosecutors say

CHARLOTTE, NC (AP / WBTV) – Federal attorneys say a North Carolina woman lied to get nearly $ 150,000 in coronavirus aid that she later spent shopping. Jasmine Johnnae Clifton, 24, appeared in court on Monday after being charged with two disaster-related fraud allegations last week, according to a US …

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Lessons from the recent DOE loan default? Invest more.

The Department of Energy’s loan guarantee program is funding the project to make the project possible … [+] Finances. getty It was revealed last week that the solar project had Crescent Dunes, a recipient of $ 737 million in US government-backed loan guarantees Filed for bankruptcy. When the project began …

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Legislature Proposes $ 25 Million Funding for North Carolina Nonprofit’s Small Business Loan Program | North Carolina

(The Center Square) – North Carolina legislature has proposed a bill that would pour $ 25 million into a loan program to help small businesses in the aftermath of the COVID-19 pandemic response. Members of the House Select Committee on Covid-19’s Economic Support Working Group on Tuesday discussed a proposal …

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CT needs emergency loan to pay for unemployment

After the Connecticut Unemployment Fund has paid billions of dollars in benefits since the coronavirus pandemic broke out in mid-March, it will go into bankruptcy later this month or early September, according to state Department of Labor officials. That means Connecticut will need a federal emergency loan to maintain benefits …

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6 Ways To Make Sure You Don’t Screw Up Your PPP Loan

Congratulations. You have all the documents for your PPP (Paycheck Protection Program) and hopefully within a few days you will have the money in the bank. Now is the time to start planning how to make sure you are using funds properly. The most attractive part of the PPP loan …

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University of Louisville Receives OK from House for Jewish Hospital loan

Jewish Hospital is acquired by the University of Louisville U of L President Neeli Bendapudi and Governor Matt Bevin announce that U of L has bought the Jewish Hospital, a deal that involves more assets and capital. Sam Upshaw Jr., Louisville Courier Journal FRANKFORT – The State House passed bill …

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Sharjah Islamic Bank sees double-digit loan growth of up to $ 500 million in bonds

DUBAI (Reuters) – Sharjah Islamic Bank (SIB), which will conclude a series of investor meetings in London on Monday before selling an Islamic dollar bond, is aiming for double-digit credit growth this year, a bank executive told Reuters. FILE PHOTO – A man walks past a newly opened branch of …

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The credit moratorium ends on Monday

MUMBAI : The Reserve Bank of India will not extend the moratorium on loan repayment beyond August 31, said people aware of the matter. While an extension was actively being considered, the RBI decided against it because it had concerns about changes in borrowers’ lending behavior and could increase the …

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KBRA issues preliminary ratings for RRE 1 Loan Management DAC

LONDON–(BUSINESS WIRE) – Kroll Bond Rating Agency UK Limited (KBRA) assigns preliminary ratings to five classes of bond issued by RRE 1 Loan Management DAC, a Cash Flow Collateralized Loan Obligation (CLO) primarily covered by a diversified portfolio of euro-denominated corporate bonds is, loans and bonds are issued. RRE 1 …

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