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Iowe SBA Small Business Administration awards

SBA approves $22.5 million in Iowa small business loans in May

The U.S. Small Business Administration backed 41 loans for $22,463,900 to Iowa businesses in May, including five in the Corridor Area businesses receiving loan approvals...
Iowe SBA Small Business Administration awards

SBA approves $12.3 million in Iowa small business loans in April

The U.S. Small Business Administration backed 33 loans for $12,369,800 to Iowa businesses in April, including three in the Corridor. Area businesses receiving loan approvals...

MidWestOne income, earnings drop slightly in fourth quarter, but full year income sets record

MidWestOne Financial Group, headquartered in Iowa City, reported a drop in net income and diluted earnings per share for the fourth quarter of 2021,...
government stimulus

Banks rally to the rescue – again

Last year, the U.S. Small Business Administration’s Paycheck Protection Program issued 5.1 million loans totaling $525 billion to businesses and industries across the country,...

Feds set to refill loan fund for small business

By Katharine Carlon katharine@corridorbusiness.com More relief for small business is on the way after the U.S. House of Representatives overwhelmingly approved a $484 billion coronavirus relief...

Wells Fargo limits PPP loans amid fed asset cap

By CBJ News Staff news@corridorbusiness.com Wells Fargo & Co. is expecting to be a big player in the new Paycheck Protection Program (PPP), with the goal of...

SBA warns businesses of loan and grant fraud

By Katharine Carlon katharine@corridorbusiness.com With fear in the air and an information vacuum only feeding it, fraudsters are on a tear targeting businesses desperate for good...

Small businesses relief on hold as details worked out

By CBJ News Staff news@corridorbusiness.com President Donald Trump signed the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act into law on March 27, casting...

More financial support coming for Iowa small businesses

By Adam Moore adam@corridorbusiness.com There’s more support coming for Iowa small business owners facing economic pain from the COVID-19 pandemic, in the form of new relief...

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