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New York State launches $100 million small-business loan fund
NEW YORK, N.Y. — Gov. Andrew M. Cuomo on Friday announced a new $100 million working-capital loan program for small businesses and nonprofits that did
Community Bank acquisition of Steuben Trust expected to close on June 12
DeWITT — Community Bank System, Inc. (NYSE: CBU) recently announced that it expects to close on its acquisition of Steuben Trust Corporation on June 12,
Here’s how small businesses can apply to get their PPP loans forgiven
WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury on Friday night released a Paycheck Protection Program (PPP)
M&T Bank approaches nearly 2,000 PPP loans in Syracuse-Utica region
SYRACUSE, N.Y. — M&T Bank Corp., the largest bank in the 16-county Central New York region by deposits, says it has so far made 1,995
Chemung Financial profit falls 44 percent in 1st quarter
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently reported that its net income fell 44 percent to $2.5
Cuomo to CNY: Start to reopen the economy
SYRACUSE, N.Y. — Gov. Andrew Cuomo on Thursday gave the Central New York region the go-ahead to partially reopen its economy starting Friday — following
Businesses with PPP loans under $2 million can relax a little following new SBA guidance
The SBA said that “safe harbor” for PPP borrowers under $2 million “is appropriate because borrowers with loans below this threshold are generally less likely
New York reports another new low in COVID-19 infections
JOHNSON CITY, N.Y. — New York State on Tuesday reported 1,430 new coronavirus infections in the last day, a 0.4 percent increase in the state’s
Cuomo greenlights phased regional reopening starting May 15
IRONDEQUOIT, N.Y. — New York State’s COVID-19 lockdown is poised to partially end across the Mohawk Valley and Southern Tier — and likely Central New
SBA clarifies nonprofit hospitals are eligible for PPP loans
The U.S. Small Business Administration (SBA) recently provided clarification for how nonprofit hospitals can qualify for Paycheck Protection Program (PPP) loans The low-interest, forgivable loans