Business owners who secured Paycheck Protection Program loans from the government now have a streamlined process to seek loan forgiveness directly through the SBA.
Northwest Indiana banking leaders stress the importance of setting up a rainy day fund for businesses as they reflect on the past year during a pandemic.
The U.S. Small Business Administration announced Jan. 19 it approved nearly 60,000 PPP loan applications totaling $5 billion between Jan. 11 and Jan. 17.
Small businesses financially impacted by the pandemic have another opportunity to seek assistance through the Paycheck Protection Program.
A recent business survey revealed optimism in the construction, manufacturing, retail, and service sectors.
The pandemic has forced businesses and organizations to adapt for survival. Examples abound in northern Indiana of business plans being rewritten on the fly to operate under dramatically changed conditions.
Tim Anderson, principal at the Schererville office of CliftonLarsonAllen, says businesses are seeking financial experts to help navigate pandemic response programs and forecast the rest of 2020.
Benjamin Bochnowski, president and CEO of Munster-based Peoples Bank, says the pandemic-fueled financial crisis brings lessons in resilience, charity and community during difficult times.
Gov. Eric Holcomb shares his insight on how the business community has worked together to persevere during this unprecedented crisis, including how the state will emerge from the storm strong.
Gov. Eric Holcomb recently announced a new partnership with Indiana Black Expo to increase access to economic and workforce recovery programs for minority employers.