Tag: Paycheck Protection Program
Iowa banking sector remained strong in 1Q
By CBJ News Staff
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Iowa’s banking sector remained healthy in the first quarter of 2020, with active loans up 4.3% from a year ago, according...
Banks become a lifeline
How Iowa’s banks and credit unions transformed themselves to push out more than $5 billion in loans and millions more in modifications amid the...
Banks become a lifeline
How Iowa’s banks and credit unions transformed themselves to push out more than $5 billion in loans and millions more in modifications amid the...
Great Western Bank takes loss due to impairment charges
Great Western Bank's newest branch location in Cedar Rapids. CREDIT GWB
By CBJ News Staff
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Great Western Bank’s results turned sharply into loss territory for the...
QCR profits down as COVID-19 slows loan growth
Cedar Rapids Bank & Trust's headquarters in Cedar Rapids in an undated photo. PHOTO VANTAGE ARCHITECTS
By CBJ Staff
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The parent company of Cedar Rapids Bank...
Small businesses need more relief
CBJ EDITORIAL
Federal relief money to blunt the impact of the COVID-19 crisis is starting to make its way into the bank accounts of small...
Frustration returns for bankers in round 2 of PPP
By CBJ News Staff
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Iowa banks struggled to get Paycheck Protection Program (PPP) loans processed on Monday after the second round of the U.S. Small...
Feds set to refill loan fund for small business
By Katharine Carlon
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More relief for small business is on the way after the U.S. House of Representatives overwhelmingly approved a $484 billion coronavirus relief...
Letter: More clarity (and funding) needed for PPP
The COVID-19 pandemic has ravaged the global economy and its impact on Corridor businesses and families has been significant.
As a bank to our communities...
Wells Fargo to expand PPP lending as fed lifts cap
By CBJ News Staff
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Wells Fargo, which said Sunday that its lending plans for the Paycheck Protection Program (PPP)Â had reached a bank-imposed $10 billion limit,...