Business owners who secured Paycheck Protection Program loans from the government now have a streamlined process to seek loan forgiveness directly through the SBA.
Thinking about next downturn?
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.
SBA reports 60,000 Paycheck Protection Program loans approved in first week
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.
$15 billion available for another round of Paycheck Protection Program loans
Small businesses financially impacted by the pandemic have another opportunity to seek assistance through the Paycheck Protection Program.
Business survey shows optimism in construction, manufacturing, retail, and service sectors
A recent business survey revealed optimism in the construction, manufacturing, retail, and service sectors.
Temporary solutions; new normal
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.
CPAs point to better future
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.
Flexibility key to change
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.
Strong ‘fiscal foundation’
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.
State expands recovery resources for small businesses
Gov. Eric Holcomb recently announced a new partnership with Indiana Black Expo to increase access to economic and workforce recovery programs for minority employers.