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Lenders wary as Fed's PPP facility nears deadline americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
By Staff Northeast Bank (Nasdaq: NBN), which is based in Portland and has nine branches, on Wednesday reported that net income during the fourth quarter last year nearly doubled from earnings for the same period in 2019. For Q4 2020, net income was $8.2 million, or 98 cents a share, compared with $4.9 million, or 53 cents a share, for the quarter ended Dec. 31, 2019. Net income for the six months ended Dec. 31, 2020, was $16 million, or $1.92 per share, compared to $9.6 million, or $1.05 per share, for the same period in 2019. The bank s board of directors declared a cash dividend of a penny per share, payable on Feb. 24, to shareholders of record as of Feb. 10. ....
Channel3000.com January 20, 2021 9:28 AM Robin Saks Frankel - Forbes Advisor Posted: Updated: January 22, 2021 10:54 AM The Paycheck Protection Program (PPP) has reopened to all lenders, and with this fresh wave of funding comes new eligibility requirements and further clarifications around the forgiveness process. The bipartisan coronavirus relief legislation approved late last year included an additional $284 billion for PPP loans aid designed to help small businesses keep their doors open and continue to pay employees during the pandemic. This new round of loans is available to first-time applicants, as well as those businesses that have already benefited from the program. The most recent legislation also eased loan forgiveness rules, which businesses had earlier said were too burdensome. ....
Partnership with ACAP and The Loan Source Offers Simple and Straightforward PPP Application Process NEW YORK, NY / ACCESSWIRE / January 19, 2021 / MZ, a global leader in investor relations and corporate ....
MZ Assist Supporting Resumed Paycheck Protection Program (PPP) First and Second Draw Loans saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.