Texas actor who played red Power Ranger charged with fraud in PPP loan scheme

Texas actor who played red Power Ranger charged with fraud in PPP loan scheme

PLANO, Texas – The Texas actor who played the Red Power Ranger has been charged with fraud. A federal indictment lists Jason Lawrence Geiger, who also goes by the name Austin St. John, as one of 19 people being charged in a scheme to fraudulently obtain funds from the Paycheck Protection Program. U.S. attorney Brit … Read more

With the end of the PPP, small businesses must seek other sources of financing

With the end of the PPP, small businesses must seek other sources of financing

Small business loan approval percentages in large banks (over $10 billion in assets) rose slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Loan Index. Small bank approvals jumped from 18.2% in April to 18.7% in May. Bank vault (Photo by © Viviane Moos/CORBIS/Corbis via Getty Images) … Read more

Where to look if banks reject your small business loan application

Where to look if banks reject your small business loan application

Small business loan approval percentages in large banks (over $10 billion in assets) fell from 13.6% in June 2021 to 13.8% in July, the same percentage as a year ago, according to the latest Biz2Credit Small Business Lending Index™. The approval percentage at major banks is about half of what it was at the start … Read more

Business is booming as small-business loans in Nebraska shatter records | Local Business News

Business is booming as small-business loans in Nebraska shatter records | Local Business News

Craig Johnson got a small-business loan 21 years ago when he bought his business, Wayne’s Body Shop. But when it came time to expand one of his locations last year, he didn’t consider applying for another loan from the Small Business Administration. “I thought it was more for startup businesses,” Johnson said. His bank, Cornhusker … Read more

Oklahoma woman pleads guilty to $43.8 million COVID-19 fraud scheme

Oklahoma woman pleads guilty to .8 million COVID-19 fraud scheme

An Oklahoma woman pleaded guilty Thursday in the Western District of New York to a scheme to defraud the Paycheck Protection Program (PPP) of more than $43.8 million in COVID-19 relief loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security Act (CARES). According to court documents, Amanda J. … Read more

SBA Administrator to Visit Columbus for Small

SBA Administrator to Visit Columbus for Small

Columbus, Ohio, April 05, 2022 (GLOBE NEWSWIRE) — Thursday, April 7 Administrator Isabella Casillas Guzman, head of the US Small Business Administration (SBA) and the voice of the 32.5 million American small businesses in President Biden’s cabinet, will travel to the Columbus area to meet with small business owners and highlight the Small Business Digital … Read more

SBA Elevates America’s Women Entrepreneurs

SBA Elevates America’s Women Entrepreneurs

Washington, April 01, 2022 (GLOBE NEWSWIRE) — In honor of Women’s History Month, the US Small Business Administration (SBA) hosted a two-day Virtual Women in Business Summit on March 29-30, 2022, which attracted over 4,000 attendees and over 18,000 registrations for the two-day virtual summit. Attendees heard from Vice President Kamala Harris, Administrator Isabella Casillas … Read more

‘We can do better’: Killeen council forced to make decision on small business grants | Local News

‘We can do better’: Killeen council forced to make decision on small business grants |  Local News

Tempers were high on Tuesday as members of Killeen City Council expressed frustration at being forced to decide the fate of two urgent candidates for the North Killeen Town Center Startup and Small Business Relief programs in the town of Killeen on immediate notice. The North Killeen Town Center Startup Program and the Town of … Read more