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Phoenix transportation company ordered to return $10M PPP loan

A publicly traded Phoenix transportation company is one of five companies that were ordered Friday to return loans they received through the U.S. Small Business Administration’s Paycheck Protection Program......»»

Category: topSource: bizjournalsMay 8th, 2020

Hotel Group Will Return Tens of Millions in Small Business Loans

One of the biggest beneficiaries of the government’s small business lending program said on Saturday that its companies will return at least $70 million in loans received through the Paycheck Protection Program. .....»»

Category: topSource: moneycentralMay 3rd, 2020

How a family-owned Nebraska bank became a leader on coronavirus loans

Working from home, employees hustled to process small-business applications under the Paycheck Protection Program......»»

Category: topSource: washpostApr 22nd, 2020

Here"s how much Ohio businesses are getting in SBA disaster loans

The U. S. Small Business Administration has approved billions of dollars in disaster loans, including millions of dollars set to flow to Ohio small businesses......»»

Category: topSource: bizjournalsApr 21st, 2020

DOT Chief Target Of Ethics Probe Into Maritime Connections

U.S. lawmakers have launched an investigation into charges that Department of Transportation (DOT) Secretary Elaine Chao has used her office to benefit herself and her family's ties to maritime shipping. read more.....»»

Category: blogSource: benzingaSep 17th, 2019

21 places offering free resources for your business startup

It seems like every day there is another startup that received millions of dollars of funding. When you see this, you start to think, “can... The post 21 places offering free resources for your business startup appeared first on ValueWalk......»»

Category: blogSource: valuewalkSep 13th, 2019

Bank CEO charged with approving Manafort"s risky loan to get role in Trump administration

A bank CEO was charged by the U.S. Attorney for the Southern District of New York with soliciting an appointment as Secretary of the Army or another high-level position by approving millions of dollars in high-risk loans for Paul Manafort. A.....»»

Category: topSource: marketwatchMay 23rd, 2019

Inside Sneaker Con: 500% markups and millions in profit

Sneaker Con co-founder Yu-Ming Wu and Hayden Sharitt, a 21-year-old resale business owner, take us inside the industry where some sellers make millions of dollars on pre-owned shoes, as they attend a sneaker trading show in Cleveland......»»

Category: topSource: moneycentralApr 17th, 2019

Family-Owned Business Awards 2019: Boyle Buick GMC

Boyle Buick has received GM’s Dealer of the Year award, was rated “Best in Class” for customer satisfaction and dealership business practices 11 times in 13 years and has claimed the No. 1 spot among sellers of new Buicks in Maryland since 1997......»»

Category: topSource: bizjournalsMar 28th, 2019

Nut Company Owners" Foundation Lends Millions to Business Associates

Billionaire couple Stewart and Lynda Resnick’s charitable foundation has pursued an unusual investment strategy: lending millions of dollars to the pair’s business associates. In 2016, the loans made up 88% of the organization’s total assets......»»

Category: smallbizSource: wsjJun 28th, 2018

Pistachio Billionaires" Foundation Lends Millions to Business Associates

Billionaire couple Stewart and Lynda Resnick’s charitable foundation has pursued an unusual investment strategy: lending millions of dollars to the pair’s business associates. In 2016, the loans made up 88% of the organization’s total assets......»»

Category: smallbizSource: wsjJun 28th, 2018

Former oil CEO charged with exchanging corporate favors for personal loans

A former oil company CEO has been charged with living an extravagant lifestyle using millions of dollars in hidden personal loans he allegedly received from contractors and an investor......»»

Category: topSource: moneyJul 16th, 2018

Capitol Report: Wilbur Ross alleged to have siphoned more than $120 million from associates: Forbes report

Commerce Secretary Wilbur Ross could rank “among the biggest grifters in American history,” according to a Forbes report that details claims he wrongly siphoned or “outright stole” millions of dollars from former business associates......»»

Category: topSource: marketwatchAug 7th, 2018

Capitol Report: Wilbur Ross alleged to have siphoned more than $120 million from associates, Forbes reports

Commerce Secretary Wilbur Ross could rank “among the biggest grifters in American history,” according to a Forbes report that details claims that Ross wrongly siphoned or “outright stole” millions of dollars from former business associates......»»

Category: topSource: marketwatchAug 7th, 2018

St. Louis-area tent company buys assets from family-owned Illinois tent business

A family-owned Metro East tent company has acquired assets from a longtime family tent business in Illinois that's shutting down......»»

Category: topSource: bizjournalsApr 15th, 2024

Family-owned business: Careful planning helps family businesses pick new leaders — Table of Experts

Many small, family-owned businesses, historically the backbone of Western New York’s economy, are approaching a generational shift in leadership as baby boomers arrive at retirement age. All eyes are on the next-in-line. They have the benef.....»»

Category: topSource: bizjournalsApr 12th, 2024

"Deely Nuts," "Beefy King," and other fake businesses reportedly got $7 million in COVID-19 PPP loans through one lender

Non-existent farms, such as "Ritter Wheat Club" and "Deely Nuts," each received the maximum loan of $20,833, ProPublica found. President Joe Biden. Scott Olson/Getty Images Fake firms collected $7 million in COVID-19 small business relief.....»»

Category: topSource: businessinsiderMay 25th, 2021

Fast-growing Eaton manufacturer launches another hiring spree

After nearly tripling its business in five years, this family-owned manufacturer is preparing for another growth spurt......»»

Category: topSource: bizjournalsMay 20th, 2021

VisitPittsburgh"s Bachar at annual meeting: "There"s no place to go but up" for region"s hospitality industry

A pandemic 2020 did hundreds of millions of dollars worth of damage to Pittsburgh's tourism and hotel industry but there are signs that business is beginning to recover......»»

Category: topSource: bizjournalsApr 29th, 2021

Dispatches from a Pandemic: In Silicon Valley, how one Black-owned transportation business pivoted — and survived — during the COVID-19 pandemic

Mosaic Global Transportation's fleet of 1,000 vehicles --- including 97 in Silicon Valley --- had nowhere to go, so the company got creative......»»

Category: topSource: marketwatchApr 24th, 2021