SACRAMENTO, Calif. — The U.S. Small Business Administration is now providing low-interest disaster loans for residents, businesses and nonprofits affected by storms from June 29. After a request from Gov. Mike Kehoe on July 25, SBA issued a disaster declaration for the counties of Christian, Dade, Dallas, Greene, Lawrence, Polk and Webster. Businesses and nonprofits
In an effort to attract more recruits, United States Immigration and Customs Enforcement (ICE) is touting its student loan forgiveness program, along with up to $50,000 in signing bonuses. Homeland Security Secretary Kristi Noem said the benefits were possible because of the One Big Beautiful Bill Act (OBBBA), but loan forgiveness has been the agency’s
Twenty One Capital is reportedly exploring a strategy that would allow it to issue US dollar loans backed by Bitcoin collateral, Bloomberg reported Wednesday, citing a person familiar with the matter. “Optionality is wealth; for us everything is on the table because we think we can do anything,” a spokesperson for the crypto company reportedly
Billions in CMBS loans are sitting idle, reaching maturity with no resolution in sight. Unresolved loans make up 75% of delinquent loans tied to commercial mortgage-backed securities, up from 42% three years prior. There are $23B of these delinquent loans at or near maturity, according to Trepp analysis reported by Bloomberg. Loans originated when interest
Merchants Bancorp of Indiana, a regional bank with a $500M multifamily loan book, has more than quintupled the money it has set aside to cover potential losses because of an increase in fraud in its loan portfolio. A Merchants Bank branch in Spring Grove, Minnesota. Merchants Bank’s net income fell by 50%, or roughly $38M year-over-year, in
CHAPEL HILL. N.C. (WTVD) — As you walk around Eastgate Crossing, the signs of devastation are everywhere. Now, weeks later businesses there are still navigating a complicated maze of funding and rebuilding as they try to figure out whether they can stay afloat. At Clean Juice, all owner Beth Ellis could do was watch from
Pulaskians affected by the May 16 tornado have been given an extension to apply for assistance, and that includes applying for loans through the Small Business Administration. James Accurso, public affairs specialist for SBA, spoke at Monday’s Somerset City Council meeting to get the word out that his organization is still accepting loan applications for
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. In 2025, couples aren’t waiting for fairy-tale budgets to begin their happily ever afters. With inflation still weighing on everyday expenses, from groceries to rent, many engaged couples are approaching weddings with a sharper
FRANKFORT, Ky. (KT) – Following last week’s Presidential disaster declaration for public assistance, theU.S Small Business Administration, (SBA) has announced the availability of low interest federal disaster loans for certain private nonprofit (PNP) organizations in Kentucky affected by spring severe weather. The declaration, issued following severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides April and
Trump claims bill will have tax savings for Wisconsin DoorDash driver While highlighting the “Big Beautiful Bill,” President Donald Trump referenced how he claims a Wisconsin DoorDash driver will benefit from tax cuts and “no tax on tips” in the spending bill. President Trump’s “One Big Beautiful Bill” introduces changes to the federal student loan