Tag: loans
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,...
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...
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...