Jeff Sturgeon and Casey Fabris
The Roanoke Times
Roanoke restaurant operators Moises and Lisa Nucamendi have gotten a second cash infusion from the Paycheck Protection Program for their beleaguered business accounts as they continue to plate and box up Mexican classics amid the pandemicâs deadliest phase so far.
Taxpayer-funded relief helped sustain Alejandroâs Mexican Grillâs three Roanoke Valley locations and staff of about 45 people in 2020, they said. But the Mexican eatery founded in 2007 is still beset by a drop in revenue of between 30% and 35% when compared to pre-pandemic times.
This week the company received a second PPP loan under the recently reopened federal program designed to save private and nonprofit sector jobs in industries hobbled by the virus. Recipients who received money last year may apply again. Bank of Fincastle handled the loan on behalf of the government.
1st Security Bank Announces the Promotion of Ben Crowl as SVP, Consumer Lending
MOUNTLAKE TERRACE, WA / ACCESSWIRE / January 29, 2021 / 1st Security Bank is pleased to announce the promotion of Ben Crowl to the position of Senior Vice President, Consumer Lending. He previously served the Bank as Senior Vice President, Commercial Lending Team Lead.
Ben has 15 years of diverse experience in the banking industry, including many years as a commercial lender, team lead, and relationship manager. After beginning his career as a college intern at a local community bank in La Jolla, California, he found a passion for business banking and serving businesses and consumers alike.
Wells Fargo & Co. has asked that a U.S. Bankruptcy Court judge terminate the Chapter 11 protection case of CBL Properties, claiming the shopping center operator has violated repayment agreements
James Corbett addresses the topic of alternative currencies From:
In his presentation that was part of The Greater Reset, James Corbett (of the Corbett Report) provided an overview of alternative means of exchange. In it he mentioned community currencies, LETS, trade exchanges, and my book,
China’s rust-belt province of Liaoning merges 12 local banks into one ‘first-class’ bank as bad loans mount
Liaoning’s economy grew 0.6 per cent last year, lower than the national average of 2.3 per cent and ranking 15th among the country’s 31 provincial jurisdictions
Coronavirus-induced economic problems have only exacerbated economic woes, particularly in China’s rural areas