Senate Majority Leader Mitch McConnell was unaware of a federal loan that went to a shipping company run by his wife’s family, US Secretary of Transportation Elaine Chao, a senator spokeswoman said Tuesday. Foremost Group, a New York-based company founded by Chao’s parents, received a $ 350,000-1 million loan from the Paycheck Protection Program this …

BOYNE CITY – A power cooperative in northern Michigan is well on its way to receiving a multi-million dollar US Department of Agriculture loan that could potentially be used to upgrade their electrical and fiber optic internet distribution infrastructure. On November 1, US Secretary of Agriculture Sonny Perdue announced that the USDA will be investing …

The payment break helps borrowers who apply for loan waiver under two existing student loan programs, … [+] Income-Based Repayment and Public Service Lending (PSLF). Getty On his first day in office, President Biden extended the suspension of payments and interest on federal student loans through September. This relief has been in effect since March …

The country’s more than 45 million borrowers have now had their federal loan payments deferred for nearly a year. And one of President Joseph Biden’s first acts was to extend this pause in federal student loan payments until September. Biden’s executive measure, signed on his first day in office last week, means federal student loan …

On May 28, 2020, New York Governor Andrew Cuomo announced the launch of the New York Forward Loan Fund (NYFLF), a loan program that relieves the burden on small businesses or nonprofits based in New York state or small landlords with real estate in New York state York, who has not received loans under either …

The FDIC released a definitive rule on “Industrial Banks” or “Industrial Lending Firms” (collectively ILCs) this week which, in conjunction with recent ILC approvals of FDIC insurance applications, indicates a susceptibility to ILCs and their corporate mothers that has not in the past Case had been present (at least in detectable quantities). An ILC is …

Irvine, Calif., February 18, 2021 (GLOBE NEWSWIRE) – Talonvest Capital, Inc. and its longtime client, CIP Real Estate, have successfully completed another loan to acquire Cabot Business Park, a four-building, four-building, Cabot Business Park. The business park benefits from its direct access to Interstate 880 and Highway 92, which makes it centrally located and offers …

As a relief measure for people in the face of the coronavirus pandemic, the Reserve Bank of India (RBI) has granted a three-month moratorium on repayment of term loans and credit cards. Credit institutions have been instructed to postpone the EMIs of their customers who opted for this moratorium. But what is a moratorium and …

400 Claremont Avenue. NEW YORK CITY- Tall Pines Capital has loaned $ 120 million to The Element project. a six-story apartment building at 400 Claremont Avenue in Jersey City, New Jersey. The loan is split into a home loan of $ 84,000 and equity of $ 36,000. Kathy Anderson, founding partner of the commercial real …

MILAN / PARIS / MADRID (Reuters) – Michele Berteramo, owner of the Movida restaurant and cocktail bar on Milan’s Naviglio Pavese channel, was about to spend € 40,000 ($ 45,270) on renovations when the new coronavirus pandemic hit northern Italy. FILE PHOTO: A view of the bar in the Movida restaurant on the Naviglio Pavese …