Financial

GROhio’s 60th anniversary celebrated

MANSFIELD – GROhio Community Credit Union celebrated its 60th anniversary on Friday in Mansfield. Scott Donnenwirth, the director of the credit union, said the company, also known as Gorman Rupp & Associates Credit Union at 1766 Harrington Memorial Road, said he wanted to thank the members for 60 years of …

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Patriots won’t mark offensive lineman Joe Thuney

After having taken Trent Brown, the Patriots decided not to use the franchise tag on Joe thuney (Twitter connect via Adam Schefter of ESPN.com). For the second time, the offensive lineman has reportedly been online for around $ 17.7 million. The Patriots surprised everyone last year by tagging Thuney. Historically, …

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New animal shelter about to open

It’s been a long time, but the new Bitter Root Humane Association facility on Fairgrounds Road is about to open. For board members, staff and many creatures, the new facility is a dream about to come true. The vision for a new, safer and more “humane” animal shelter gained ground …

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Nigeria wants banks to modify 65% ​​of loans amid economic fallout

Register now to our Next Africa newsletter and follow Bloomberg Africa on Twitter Nigeria’s central bank wants the country’s lenders to restructure nearly two-thirds of all loans to help borrowers cope with falling oil prices and the economic fallout from the coronavirus. Loans worth 7.8 trillion naira ($ 20 billion) …

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PPP Update: SBA Questionnaire on Need for a Loan

On October 26, 2020, the United States Small Business Administration (SBA) posted a notice in the Federal Registry regarding the SBA’s intention to release two new forms regarding the Paycheck Protection Program (“PPP”) and PPP loan forgiveness issues. Notice is available here. For clarity, it should be noted that the …

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Queensland government loan supports local tourism providers

Treasurer and Minister of Investment The Honorable Cameron Dick The Palaszczuk government has provided a lifeline for hundreds of local Queensland tourism operators and suppliers. Treasurer and Minister of Investment Cameron Dick said a conditional loan had been made to Imperium Tourism Holdings through the government’s industry support program. “Although …

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Latest Changes to PPP Program Include Larger Loans for Schedule C Filers | Ballard Spahr srl

As stated previously here, President Biden ordered the Small Business Administration (SBA) to impose an exclusive two-week window where only the smallest businesses – those with less than 20 employees and sole proprietors – can apply for Paycheck Protection Program (PPP) loans. ). He also asked the SBA to change …

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Wisconsin PPP loan recipients face millions in surprise taxes

To note: February 18, 2021, The Evers government has signed a bill (AB 2) which, among other provisions, brings the state into line with the federal tax treatment of canceled PPP loans, providing an important solution to the problem described below. Nearly 90,000 Wisconsin small businesses that have taken out …

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Hawaiian Airlines job cuts loom despite $ 420 million loan

Hawaiian Airlines got a $ 420 million lifeline from the Treasury Department on Tuesday, but the CARES Act loan alone will not prevent the more than 2,500 job cuts planned in the most major state airline. The Treasury Department announced on Tuesday that United Airlines, American Airlines, Alaska Airlines, Frontier …

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Senate Democrats want Biden administration to write off up to $ 50,000 in student loan debt

ST. LOUIS, Mo- The two U.S. senators from Illinois voted in favor of a resolution Thursday calling on the Biden administration to use executive power to write off up to $ 50,000 in student loan debt for borrowers federal. “Canceling up to $ 50,000 in debt would bring immediate financial …

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