SBA: Simpler PPP Forgiveness for Loans of $50,000 or Less Announced
The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars. “The PPP has provided…
CFPB: Report Finds Continued Decline in the Market for Certain Kinds of College Credit Cards
The Consumer Financial Protection Bureau (Bureau) issued a report today on agreements between credit card issuers and institutions of higher education, as well as certain organizations affiliated with such institutions. The report finds that in 2019 the number of total agreements in effect, as well as the number of accounts open under the agreements, continues…
EDA: $7.9 Million Invested to Make Flood Control Infrastructure Improvements in Hamburg, IA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.9 million grant to the city of Hamburg, Iowa, to make critical infrastructure improvements needed to protect businesses along the Missouri River from flooding. The EDA grant, to be matched with $1.9 million in local investment, is…
EDA: $4.7 Million Invested to Make Critical Roadway Improvements in Franklin County, VA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.7 million grant to Franklin County, Virginia, to support business growth by improving roadway infrastructure within the Summit View Business Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched…
EDA: $4.2 Million Invested to Boost Water System Capacity in Petersburg, IN Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the city of Petersburg, Indiana, to improve and expand its water system to support existing businesses and attract new business. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…
EDA: $4 Million Invested to Make Wastewater Infrastructure Improvements in Exmore, VA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the town of Exmore, Virginia, to build a new flood-resistant wastewater treatment plant that will increase the city’s capacity to protect businesses from flooding and encourage additional business development. The EDA grant, to…
EDA: $2.6 Million Invested to Make Flood-Resistant Infrastructure Improvements Needed in Jefferson County, NE
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Jefferson County, Nebraska, to make roadway infrastructure improvements needed to ensure access to the county’s largest employer during flood events and support future business growth. The EDA grant, to be matched with more…
EDA: $1.9 Million Invested to Protect Businesses from Flooding in Valentine, NE
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Valentine, Nebraska, to make stormwater infrastructure improvements needed to protect businesses from flooding. The EDA grant will be matched with nearly $1.4 million in local investment. “The Trump Administration is…
FEMA: Survivors in Clinton County, IA May Now Apply for FEMA Individual Assistance
More than $21.6 million approved for derecho survivors in Iowa Homeowners and renters in Clinton County may now apply for FEMA Individual Assistance for losses resulting from the severe storms on Aug. 10, 2020. FEMA has approved more than $8.4 million in grants through its Individual Assistance program for 2,249 households in the previous designated counties of Benton, Boone,…
Census Bureau: Household Pulse Survey Phase 2 Biweekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Household Pulse Survey. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing business curtailment and closures, stay-at-home orders, school closures, changes in the…