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Banking
The dilemma of a PPP lender: what to do if a PPP loan is in default? | McCarter and English, srl
The CARES Act established the Paycheck Protection Program ("PPP") under Section 7 (a) of the Small Business Act (Section 7 (a)) to provide forgivable loans fully guaranteed by the Small Business Administration ("SBA") in to help qualified…
Celli’s Chocolate Chips is moving
Celli's Chocolate Chips, owned by Gina Celli, will move to a new location in the fall. (JMJ / Alexa Doiron)Fans of Celli's Chocolate Chips won't have to drive this far for their favorite baked goods anytime soon.The company will move from…
Do you have federal student loans? The government is offering payment relief until December 31 for…
SAN ANTONIO - If you have lost your source of income or have had reduced income due to the ongoing coronavirus pandemic, it can be nearly impossible to pay off your federal student loans.The CARES Act gives federal student loan borrowers…
What really happened amid claims Fulham broke Premier League loaner rules against Sheffield United
Sheffield United's loss to Fulham saw their weak hopes for Premier League survival die out. it leaves Chris Wilder's team with a mountain to climb. His team are at their lowest and are 14 points from safety. They only have 13 games!-->…
What are the five Cs of credit? A guide
What are the five Cs of credit?
The Five Cs of Credit is a system used by lenders to assess the solvency potential borrowers. The system evaluates five characteristics of the borrower and the loan conditions, trying to…
Small Business Owners Through Massive Frustration Express Frustration When Obtaining P3 Loans…
LYNn (CBS) - Soul City Yoga owners Sara Bailey and Shanel Anderson are 0 for 3 trying to get a paycheck protection program loan.
“We got a phone call last Tuesday telling us we were once again ineligible and turned down,” Bailey…
Will the pandemic trigger a rooftop solar boom?
For UK solar, 2020 has been an important year. Not just because of the unprecedented global…
How Biden United is a cranky Democrat party under one tent
Within the Democratic caucus, Mr. Biden's team avoided other pitfalls he witnessed during the Obama administration, when White House spokespersons the dismissed activists as "the professional left" and banned intra-party criticism from…
Opinion: Why student loan forgiveness is only a temporary solution to this crippling debt crisis
Headlines calling for the elimination of student debt have recently gained attention as U.S. policymakers seek solutions to a failing higher education funding system and ways to help overburdened students. While some…
MSMEs: Cabinet approves emergency credit line of Rs 3 lakh cr for MSMEs; loans at the rate of 9.25%
NEW DELHI: The Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25% through the Emergency Line of Credit Guarantee Program (ECLGS) for the MSME sector hit hard by the coronavirus…