Ayinde Rudolph, superintendent of the Mountain View Whisman School District, receives a $ 1.2 million soft loan from the school district to buy a home in the area after the school committee voted Thursday to give its highest paid employee the Grant discount. The 4: 1 decision was deeply criticized …
Read More »Adrian Peterson allegedly owes $ 8.3 million to a Pennsylvania credit company
Adrian Peterson defied chances as an NFL running back. He will be 36 years old in March and has competed in several games for the Detroit Lions. He racked up 604 yards and seven touchdowns while still showing the occasional shifty burst on the field. But this off-season he faces …
Read More »Future requirements for the working capital loan market and forecast industry growth through 2026
Market Study Report, LLC, recently added a brief study of the Working Capital Loan Market to provide valuable insight on key market trends that are driving the industry. The report provides analysis based on the key opportunities and challenges that market leaders face, highlighting their competitive landscape and business strategies …
Read More »DeVos is suspending student loan payments through January
by: COLLIN BINKLEY, Associated Press Posted: Dec 4, 2020 / 7:12 PM EST / Updated: Dec. 4, 2020 / 7:27 PM EST FILE – This October 15, 2020, Minister of Education Betsy DeVos speaks at the Phoenix International Academy in Phoenix. DeVos has extended the payment moratorium for student loans …
Read More »Crooks receive $ 150,000 small business loan using Lakeland woman’s identity
LAKELAND, Florida (WFLA) – Many small business owners struggled to get federal aid to help businesses stay afloat after the coronavirus pandemic. Meanwhile, crooks use identity theft to apply for and obtain credit, leaving huge funds behind on other people’s behalf. This happened to Cynthia Lommel from Lakeland. The 70-year-old …
Read More »Kodak CEO received stock options the day before news of a loan skyrocketed
Earlier this week, Eastman Kodak Company released 1.75 million stock options to its chairman. It was the type of compensation decision that usually didn’t get much attention, except for one thing: The day after the stock options were granted, the White House announced that the company would do the a …
Read More »Warning of loan shark dangers in Gateshead
The Gateshead Council supports a national campaign to prevent people from falling victim to loan sharks during the COVID-19 pandemic. The ongoing economic uncertainty during the pandemic, which leaves many people laid off, means loan sharks may be trying to take advantage of people in a vulnerable position who feel …
Read More »Whistleblowers said this company was a fake small business. It has received a PPP loan.
While this was an example of ADS working as a subcontractor, it has directly received many other federal contracts, some of which were solely for small businesses. For companies operating in the Atlantic Diving Supply industry, the relevant SBA size standard is the number of employees. To be considered a …
Read More »Campaign financial reports show that Brunswick DA counted a $ 45,000 personal loan for repayment twice
The district attorney, who has made headlines across the country for conflicts of interest, unfair application of the law, and questionable ethics, has a full campaign fund but empty accounting practices. It is noticeable that the campaign finance reports by Braunschweig public prosecutor Jackie Johnson lacked donations from people in …
Read More »PPP Lending: Will Elections Bring New Rules? – Daily business journal
YOUNGSTOWN, Ohio – The U.S. Small Business Administration has begun lending in the Great Lakes region to businesses that received assistance from the federal government’s Paycheck Protection Program earlier this year. “We made a number of loans,” Rob Scott, the SBA’s regional administrator for Great Lakes, told reporters on a …
Read More »Restaurants are getting a lifeline with PPP lending changes
On Wednesday, the US Senate unanimously passed the Paycheck Protection Program Flexibility Act, which provides a much-needed lifeline for restaurants across the country. The bill is now on President Donald Trump’s desk. There are several important changes that operators have requested since the PPP came into play. The National Restaurant …
Read More »Green Loan Scheme launched in Punjab
LAHORE – The Green Loan Scheme was introduced for converting traditional brick kilns to zigzag technology, Finance Minister Makhdoom Hashim Jawan Bakht said during a meeting of the Anti-Smog Committee on Saturday. As part of this program, initiated by the Punjab Disasters Management Authority (PDMA) in collaboration with the Bank …
Read More »$ 349 billion loan program is out of money
On Thursday, the $ 349 billion small business program ran out of funds almost two weeks after the application process opened, according to the Small Business Administration website. The funds were part of the stimulus package’s paycheck protection program, which provides forgivable credit to help businesses pay employees, rent and …
Read More »Sweetgreen Returns $ 10 Million PPP Loans
Sweetgreen announced on Wednesday that it is refunding the $ 10 million it received from the paycheck protection program. The Company wrote on medium that the loan was approved on April 16 – the day the $ 349 billion program ran out of money. The brand said it applied for …
Read More »Credit crime is forcing the National Bank of Pakistan to close its branch in Bangladesh
Released: March 05, 2021 4:09:59 PM | Updated: March 08, 2021 8:43:53 AM The National Bank of Pakistan (NBP) is closing one of its branches in Bangladesh after failing to get almost 98 percent of its loans back from debtors, the bank’s country chief said, arabnews.com reports. State-owned NBP has …
Read More »Walker & Dunlop arranged a $ 138 million bridge loan for the construction of The Rise Hollywood Apartments with 369 units in Los Angeles
LOS ANGELES, CA – Walker & Dunlop, Inc. announced that it has arranged a $ 138,000,000 bridging loan to build The Rise Hollywood, a 7-story, 369-unit apartment development in Los Angeles, California Has. Located in the heart of Hollywood’s entertainment district, the property offers a very walking distance with direct …
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