News

New leaders at the United States Small Business Administration are implementing a number of lending rule changes, reversing ...
Explore Northeast Bank's Q3 2025 highlights: record SBA loan growth, strategic outlook amidst regulatory changes, and strong real estate opportunities.
The new standards will kick in on June 1, allowing lenders time to review and prepare for the changes. Much of the underwriting reverts to standards that the agency had in place for years prior to the ...
Nearly 30 area businesses have applied for the federal loans since they were announced two weeks ago. Meanwhile, Richmond announced $500,000 in recovery grants are being awarded to 117 businesses.
The Consumer Financial Protection Bureau will not enforce or supervise the 1071 small business lending rule, it announced in ...
Republicans with the Education and Workforce Committee voted to advance an education reform measure Tuesday, potentially ...
Roscoe Bank and the Bastrop Economic Development Corporation are building lasting momentum for Bastrop businesses.
Small business loans can be instrumental in helping businesses reach new heights. Getting approved for them, however, can sometimes be challenging for borrowers with lower personal credit scores ...
A Michigan business paid over $1.4 million to settle allegations it falsely applied for COVID-19 loan forgiveness.
The U.S. contended that Slifco Electric failed to disclose payments made during the loan forgiveness period to its owner for ...
Despite high interest rates and stricter credit requirements, many small-business owners are seeking loans. Spirits company ...
Slifco Electric, LLC settled for $1.46 million over PPP loan forgiveness false claim charges, having paid its owner during ...