April 18, 2024
Loans

Baltimore’s port is mostly shut down. Small businesses feel the strain.

Billy Marquez, a truck driver who hauls for Jag Transport, applied for a loan at the SBA’s business recovery center in Dundalk. (Kylie Cooper/The Baltimore Banner) More than 1,000 have applied for federal loans to help keep them afloat William “Billy” Marquez is used to hauling five containers a day from the Port of Baltimore.

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Loans

SBA offering loans for businesses affected by Francis Scott Key Bridge collapse

Small Business Administration offering loans for businesses impacted by Francis Scott Key Bridge collapse Updated: 9:44 PM EDT Mar 30, 2024 On Saturday, the Small Business Administration (SBA) Administrator Isabel Casillas Guzman announced that Mid-Atlantic small businesses that were affected by the Francis Scott Key Bridge collapse may apply for low-interest, long-term Economic Injury Disaster

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Loans

Pine Mountain Lake Association settles lawsuit over unlawful PPP loans | News

The Pine Mountain Lake Association has agreed to settle a lawsuit brought against it on behalf of the United States government alleging that it improperly applied for and received more than $1.6 million in COVID-19 relief funds for which it was not eligible. An official letter sent out by the PMLA Board of Directors dated

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Loans

Did June rain cause headaches? The deadline for SBA Disaster Loans is Tuesday

EL PASO COUNTY, Colo. — The United States Small Business Administration (SBA) has disaster loans available for property and business owners in Colorado following severe storms in June. The record rain that came in June of 2023 brought damages estimated to be in the millions. The El Paso County Commissioners filed an emergency disaster declaration

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