Banking & Financial Services
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15,…
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Overall economic activity across the Federal Reserve districts reported economic activity increased modestly since the previous Beige Book period, although conditions remained varied. Two districts reported little or no change in activity, while two others noted a decline. Reports on…
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A plan in the works since October 2020, U.S. Bank closures nationwide have now swept the Kansas City metro, U.S. Bancorp now no longer holding the largest branch network in the area. U.S. Bank closed six Kansas City-area branches on…
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Kansas Gov. Laura Kelly has announced the Fiscal Year 2022 Kansas Budget to protect the fiscal foundation of the state and kickstart its economic recovery. Kelly said she has announced her third budget recommendation for the State of Kansas. She…
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Ferrellgas Partners LP, a holding company of Ferrellgas LP, has filed prepackaged Chapter 11 bankruptcy cases in the U.S. Bankruptcy Court for the District of Delaware. Headquartered on the Kansas side of the metro, the prepackaged bankruptcy plan will help…
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Missouri Gov. Mike Parson announced the allocation of $68 million in federal funds to help universities address major repairs and building restoration projects. Parson also unlocked $127 million in state funding that previously been restricted due to the Covid-19 pandemic and…
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Jobless Missouri residents who claimed unemployment the week of Dec. 27, 2020 will see the approved addition stimulus payment this week. Eligible unemployed workers have already started to receive the $300 per week payment approved under Congress' second COVID-19 economic…
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Prognosticators assessing this week's Democratic sweep of two U.S. Senate seats in Georgia had suggested that control of Congress and the White House will bring significant changes in tax policy (not good if you're a high-income earner) and energy policy…
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The U.S. Small Business Administration has announced grant funding and the launch of 20 new Women's Business Centers across America to serve rural, urban and underserved communities. The opening of the business centers is the largest single expansion of its…
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