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September 23, 2022
The funds will result in $2.5 billion in new lending in the Twin Cities, Sunrise executives say.
May 2, 2022
The GroundBreak Coalition in May will start the process to leverage public funds and philanthropic and business donations to rebuild the corridor hit by riots after George Floyds death and address inequities in home ownership and business.
March 11, 2021
March 10, 2021 @ 7:06 pm By Omar Faridi Immigrants who might not have an established credit history may be able to take advantage of advancements in Fintech that provide tools to help these people become homeowners and gain employment as well, according to industry professionals. As first report by CQ Roll Call, new immigrants have to face challenges upon their arrival to countries like the US. The barriers may include them not knowing the language or even facing discriminatory policies. Fint...
January 14, 2021
The pace of forgiveness for Paycheck Protection Program loans is expected to accelerate when the Small Business Administration issues guidance on expanded streamlining.
January 13, 2021
Several community banks said they didn't have enough time to review the Paycheck Protection Program's application forms, forcing them to sit out Monday's reopening. The SBA is not saying when more lenders will be allowed to access its portal.
January 12, 2021
Channel3000.com January 11, 2021 7:43 PM Robin Saks Frankel - Forbes Advisor Posted: Updated: January 13, 2021 5:40 AM The Treasury Department has reopened the Paycheck Protection Program (PPP), following new guidance on the small business forgivable loan program. The new terms aim to quell the earlier criticisms of the relief effort. Some 5,400 businesses have received about $520 billion to date, but the aid program has been plagued by confusion surrounding forgiveness eligibility an...