Business and Government
Mark Larrabee is the president and chief executive officer of the Kansas City market for Arvest Bank. He talks about SBA stimulus loans and their distribution process. Q: Have you heard yet from the SBA about any adjustments to PPP…
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Clay County has rolled back its stay-at-home order from May 15 to May 3, despite Kansas City, Mo., and surrounding counties sticking with the original date. A county order said: stay-at-home measures "have demonstrated having a measurable impact on reducing…
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The City of Shawnee recently approved a $50-million bond issuance for the construction of Heartland Industrial Park, which is set to be underway this year. The 186-acre development, to eventually total two million square feet would reportedly bring 1,500 jobs…
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Just over 4.4 million people filed for unemployment insurance for the week ended April 18, putting the insured unemployment rate at 11 percent, though many estimates place that number much higher. The 11 percent is 2.8 percent higher than the…
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Centene Corp. announced that its subsidiary Centurion has been awarded a contract by the Kansas Department of Administration to provide healthcare services in the Department of Corrections facilities. The two-year contract is expected to start on July 1 and…
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Though it's too early to call it a trend, there is some encouraging news out of Johnson County, Kan. On April 20, the latest date for which data has been provided, there was only one positive COVID-19 test recorded by…
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Kansas and Missouri both did relatively well in receiving funds from the $350-billion Payroll Protection Program COVID-19 relief bill, at least compared to most states. Kansas came in nine per capita of all states for funding, while Missouri was ranked…
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The U.S. Senate has passed a bill that would give another $484 billion to small businesses and hospitals. It's a move that was partially pushed by the Small Business Administration last week running out of $350 billion in funds that…
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The restaurant industry has had widespread strife since stay-at-home orders were put into place in states across the country, and now the National Restaurant Association (NRA) lobbying group is asking Congress for funding. The group is reportedly asking Congress for…
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The oil industry is among those feeling pain due to COVID-19, and futures prices have dropped to below zero for the first time ever in history. The West Texas Intermediate fell to negative $37.63 per barrel for May, which means…
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