To help small firms survive the pandemic, Congress should reduce to 1% the interest rate on EIDL loans, the group says.
Similar Stories to Lia: Give Businesses Lower Interest Rate On Disaster Loans on Bing News
Business stories from Newsday, Long Island Newsday: Business
Thu, 06/04/2020 - 3:03am
BING NEWS:
- Fed Meeting Update: Interest Rates Will Stay High Until Inflation Cools
After the Fed raised interest rates 11 times between March 2022 and July 2023, inflation initially responded, falling from its high of 9.1% in June 2022 to 3% one year later. But inflation has crept ...
05/1/2024 - 9:26 pm | View Link - Minnesota Small Businesses Offered a Life Raft with SBA's Drought-Induced Aid Loans
Minnesota small businesses hit by drought can access federal low-interest loans through the SBA's EIDL program.
05/1/2024 - 12:01 pm | View Link - Pesky inflation pushes Fed to hold steady on interest rates
And at the conclusion of the Fed’s policy meeting on Wednesday, Powell said that inflationary persistence helped push the body’s Open Market Committee to support standing pat on the 5.25% to 5.5% ...
05/1/2024 - 11:38 am | View Link - The Fed hints when interest rate cuts will happen
The Federal Reserve held its benchmark lending rate unchanged Wednesday, noting a "lack of further progress" in its inflation fight, and suggested that it would hold off on rate cuts until at least ...
05/1/2024 - 11:18 am | View Link - Disaster relief loans now available for East Texans affected by severe weather, Gov. Abbott says
The U.S. Small Business Administration (SBA) approved Gov. Greg Abbott’s request for a disaster declaration for Texas communities affected by severe weather including many portions of East Texas.
05/1/2024 - 11:10 am | View Link - More
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