The Small Business Administration’s system that processes loans is still slow. Some banks are seeing more loan applications. And although the amount of funding being sought is significantly smaller, there…
Louisiana economic development officials are trying to boost a state-led loan program for small businesses that has been slower to ramp up. But they’re running into challenges from banks too…
Jewish Federation of Greater New Orleans and the Jewish Endowment Foundation of Louisiana partner with the Consulate General of Israel to the Southwest, Metairie Bank and Humana to feed New…
Many New Orleans-area business owners seeking federal forgivable loans will have to wait until Congress adds more money in order to apply or advance their current applications to the funding…
As concerns rise that a $349 billion federal forgivable loan program will soon run out of funding to disburse, some New Orleans-area business owners say they haven’t been able to submit applications…
WASHINGTON — The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts…
Three days after the start of a $349 billion federal loan program to help business owners survive COVID-19, the prediction that it would a challenge to immediately distribute money appears…
As they await guidance from the U.S. Small Business Administration, community banks are preparing for the disbursement of $349 billion worth of loans to help businesses affected by the COVID-19…
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law, and we must wait for the SBA to issue official guidelines for Banks to follow in…
After back and forth debates in the two chambers of Congress, both sides of the aisle on Wednesday said they have struck a $2 trillion deal that would breathe fresh…
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