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Columbia Credit Union has welcomed Sharif Burdzik to their Business Lending Team to spearhead the credit union’s small business outreach and support in ....
Clark County businesses find COVID relief comes with a price: lots of paperwork Published: May 22, 2021, 6:01am Share: 5 Photos Brooklyn Feustel looks through the selection at Kazoodles Toys in Vancouver. The toy store is one of many small businesses in Clark County that received Paycheck Protection Program loans last year. Local lenders have now turned to guiding their clients through the loan forgiveness process. (Joshua Hart/The Columbian) Photo Gallery The federal Paycheck Protection Program has run out of funding for all but a small subset of borrowers and will officially come to an end May 31, after operating on-and-off for more than a year as a critical lifeline for businesses struggling to stay afloat during the COVID-19 pandemic. ....
Businesses, lenders in Clark County days away from ‘second draw’ of Paycheck Protection Program loans Published: January 17, 2021, 6:00am Share: Local banks are preparing for the full-scale rollout of a new round of Paycheck Protection Program loans this week, which will deliver a fresh round of cash to beleaguered Clark County businesses. The $900 billion federal COVID-19 relief bill passed in December included $284 billion to reopen the program. The low-interest loans, which are supplied by financial institutions and guaranteed by the U.S. Small Business Administration, are intended to help small businesses survive the worst of the pandemic while keeping their staff employed. They can be partially or fully forgiven if the funds are spent on specific expenses primarily payroll costs. ....