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Energize Colorado boosts local economy with $14M in lending to small businesses
In a game-changing move for the state’s economy, Energize Colorado announces it has injected $14 million in low-interest loans to over 300 local small business owners across various industries, supporting a sector that is the backbone of the stat.....»»
What parts of the economy are still hurting? Bank loan data can tell us a lot
Albany-area quarterly bank data showing how many loans remain in deferral can tell us a lot about what industries are still hurting because of the pandemic......»»
The benefits of design-build and why your construction project needs an executive producer
As the number of cranes on our skyline continue to increase each week, we look optimistically toward the future. The surge of growth in the Tampa Bay region has brought in innovative ideas and talent across a wide range of industries. This growth ha.....»»
Hawaii Food & Wine Festival to host virtual ‘cook-along’
Proceeds from the event will go toward the Kokua Ag & Culinary Fund, which supports the agricultural, culinary and hospitality industries in Hawaii......»»
Hawaii Bankers Association issues updated PPP loan numbers for 2021
The Hawaii Bankers Association issued new numbers Monday detailing the scope of its Paycheck Protection Program loans issued in 2021. The HBA told Pacific Business news in late March that as of March 10, PPP loans eclipsed $1 billion for the per.....»»
Hawaii banks cross $1B threshold in PPP loans for 2021
Through March 10 of this year loans, the Hawaii Bankers Association had received over 15,500 Paycheck Protection Program applications, with over 10,500 of them successfully submitted to the Small Business Administration.....»»
Lenders move to foreclose on Maui, Hawaii Island retail centers
Lenders filed for foreclosure after owners of the properties fell behind on payments for loans totaling tens of millions of dollars......»»
These industries dominated Ohio"s $18.5B share of PPP loans
Five industry segments accounted for more than half of Ohio's $18.5 billion in approved PPP loans during the first two rounds of the small-business relief program......»»
High demand expected for newest round of PPP loans
Hawaii Bankers Association executive director Neal Okabayashi encouraged people not to waste time for the first-come, first-serve loans......»»
PPP Round 2 brings in $487 million to Hawaii so far
According to the most up-to-date information released by the Small Business Administration, Hawaii has received 10,414 loans totaling $487 million......»»
Eric Yeaman joins DRFortress board
The 20-year telecommunications and financial executive veteran was brought onto the board to strengthen DRFortress’ strategic growth and expansion of service offerings in Hawaii......»»
Local initiative looks to bring restaurants and businesses together to feed Jacksonville health care workers
A new partnership is bringing disparate industries together for a mutually beneficial relationship in light of the ongoing economic difficulties brought about by Covid-19. Feed Our Healthcare Heroes, founded by Terrell Hogan attorney Fadi Chakour, is b.....»»
Facebook takes $5.7 billion stake in India"s Jio Platforms
Facebook Inc. on Tuesday announced a $5.7 billion investment in India's Jio Platforms Ltd. The Indian tech company is part of Reliance Industries Ltd., and has brought nearly 400 million Indians on.....»»
Hawaii businesses approved for $2.04 billion in PPP loans
Hawaii businesses have been approved for more than $2 billion of the the U.S. Small Business Administration's $349 billion Paycheck Protection Program loans......»»
Four questions with Ben Godsey of ProService Hawaii on PPP loans
Ben Godsey, CEO and president of ProService Hawaii, told PBN what businesses can expect at each step in the PPP process......»»
PPP aid is drying up, now what?
Hawaii businesses have been approved for more than 8,400 loans worth a total of nearly $1.63 billion through the Small Business Administration's Paycheck Protection Program aid, which is now running dry......»»
Barnwell Industries subsidiary to abandon water well in Hawaii
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
U.S. services sector growth slows; employment drops: ISM
U.S. services sector activity slowed to a more than 3-1/2-year low in March, with industries reporting a moderation in new orders and decline in employment amid the coronavirus pandemic, which has brought the country to sudden stop......»»
First Hawaiian Bank, others open COVID SBA online applications
First Hawaiian Bank, Bank of Hawaii and American Savings Bank on Thursday posted online applications for the paycheck protection loans from the U.S. Small Business Administration for coronavirus relief. The SBA’s application process opens on Fri.....»»
Central Pacific Bank offers a head start on COVID SBA loan applications
Central Pacific Bank opened online applications on Wednesday for Hawaii small businesses to begin the process of applying for the U.S. Small Business Administration’s coronavirus relief loans and is holding a webinar Thursday morning with Hawaii.....»»