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February 22, 2021
The Biden-Harris Administration announced that businesses with fewer than 20 employees will institute a two week period, beginning Wednesday that will limit applications for the Payroll Protection Program to businesses with 20 or fewer employees. In announcing the change, the administration not
February 22, 2021
Bremer fight flares as bank board tries to boot trustees The bank board votes not to renominate the two. February 22, 2021 — 6:20pm Text size Copy shortlink: The fight over control of Bremer Financial Corp., Minnesotas fourth-largest bank, flared Monday when trustees from the charity that owns the bank were asked to resign from its board of directors and refused. The rest of the board voted not to nominate them for re-election at ...
February 21, 2021
February 20, 2021 By Barrett Seaman— The notice came just two days after New York State’s oft-extended pandemic moratorium on commercial evictions finally lapsed at the end of January. With more than $35,000 in unpaid back rent, Irvington’s popular Main Street café, The Black Cat, was notified by its landlord, KIN Properties of Boca Raton, Florida, that it must vacate the premises by the end of February—that is, by the end of next week as of this writing. The café’s proprietress, Em...
February 21, 2021
New York’s largest African American Chamber the Long Island African American Chamber of Commerce, Inc. will present a Virtual Small Business Expo on February 26, 2021.
February 20, 2021
On Kauai, a tiny credit union lifted a heavy load: Helping hundreds of businesses stay afloat On Kauai, a tiny credit union lifted a heavy load: Helping hundreds of businesses stay afloat By Jim Mendoza | February 19, 2021 at 4:39 PM HST - Updated February 19 at 6:48 PM HONOLULU, Hawaii (HawaiiNewsNow) - Throughout the pandemic, the Kauai Government Employees Federal Credit Union has been there for small businesses. CEO Monica Belz said the tiny bank stepped up big time. âWe really ju...
February 19, 2021
Todays Business: Commercial property insurance: Relief for business interruption due to COVID-19? David A. Slossberg FacebookTwitterEmail Can business interruption insurance help firms that have been hurt by the pandemic? Businesses have sought different ways to stay afloat. Some have applied for available federal government assistance, such as through the Payroll Protection Program. Government relief generally has been tailored to help cover payroll and other business expenses. Firms have been...
February 19, 2021
Filing for a tax extension could have an impact on your third stimulus check -- and on any money youre still owed from the first two payments. What to know and how to file an extension with the IRS.
February 19, 2021
How North Dakota-based Alerus Financial built a sizable Minnesota franchise February 19, 2021 — 2:30pm Text size Copy shortlink: A North Dakota-based financial-services firm, fresh off a 2020 initial public offering of stock and record earnings, is getting most of its growth from the Twin Cities. Grand Forks-based Alerus Financial, once known as the First National Bank of Grand Forks, has quietly built a sizable Minnesota...
February 18, 2021
Chambers of Commerce Partner with Customers Bank to Help Black Businesses Get Access to Second Round of PPP (iStock.com/SouthWorkds) Many Black-owned small businesses were denied during the first round of the Small Business Administration’s Paycheck Protection Program (PPP). According to Unidos US, only 8% of Black-owned businesses received the aid they requested during the first round. At the same time, many large companies were able to secure PPP loans, despite having the financial means to...
February 18, 2021
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