Republicans attack as small business loans start to run out

Republicans are stepping up their attacks on Democrats for withholding $ 250 billion in new funding for a popular small business loan program that only has $ 25 billion left in its account and is expected to run out of money Thursday, leaving May -being many employers in a difficult …

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Texas Law Firms Take Millions In PPP Loans And Save Jobs

Dozens of law firms, including some of the largest and most well-known personal injury and personal injury law firms in Texas, have received millions of dollars in federal forgivable loans to cover salaries, rents and expenses. utilities during the pandemic. Law firms, along with oil companies, restaurant chains and churches, …

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2020 bank profits down 11.5% on loan loss reserves

Corporate logos of major South Korean banks (Yonhap) South Korean banks saw their profits for 2020 drop 11.5% from a year earlier as they set aside more loan loss reserves amid the pandemic, data showed on Monday. Their combined net profit was 12.3 trillion won ($ 10.9 billion) last year, …

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Mortgage and refinancing rate today, March 3

Today’s Mortgage and Refinance Rates Average mortgage rates fell yesterday – more than what seemed likely at first glance. Remember the big hike last Thursday? Well, the movements since then have all but eliminated its impact. The first thing this morning was like mortgage rates could rise or remain stable. …

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Spotlight on art transactions in Switzerland

An excerpt from The Art Law Review, 1st edition Artistic operations i Private sales and auctions Private sales and auctions are subject to contractual freedom so that they are regulated by agreement between the parties. If there is no specific written or oral agreement, the OCS rules apply. In some …

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Federal Reserve fight jeopardizes relief talks

The haggling over the Federal Reserve’s special lending facilities has become a major obstacle to securing a crucial COVID-19 relief deal. Democrats say attempts to shut down emergency lending facilities will tie the hands of the Fed, taking a cheap and effective tool to stimulate the economy. Republicans led by …

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Denver area nonprofit loan fund launched

The Metro Denver Nonprofit Loan Fund, a joint effort of the Community First Foundation, Denver Foundation and Rose Community Foundation, debuted with $ 3.2 million in initial investments. The new fund will boost nonprofits in the Denver area affected by the COVID-19 pandemic by providing technical assistance and zero-interest loans. …

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New York Community Bank refinances Greenpoint rental property with $ 113 million loan – Commercial Observer

Stellar management obtained a refinancing of $ 113 million for OTTO Greenpoint, his eight-story rental property in Greenpoint, Brooklyn, learned Commercial Observer. Community Bank of New York (NYCB) provided the five-year loan, which waives existing construction debt on the asset and includes a earn-out provision. Cushman and Wakefield‘s Alex hernandez, …

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Jordan Morris injured leg in Swansea City game while on loan

UPDATE (February 22, 6:40 p.m. ET): Jordan Morris will return to the United States for surgery for the serious knee injury he suffered while on loan at Swansea City, the Seattle Sounders announced Monday. Swansea had previously confirmed that the player would miss the remainder of the championship season. Morris …

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