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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
AmeriCU Credit Union selects new CEO
ROME, N.Y. — The board of directors of credit union AmeriCU has selected Ronald Belle to succeed CEO Mark Pfisterer, who last year announced his
Carrols Restaurant Group reports Q1 net loss of more than $22 million
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the largest Burger King franchisee in the U.S., has reported a net loss of more than
SBA says it’s still not too late for small businesses to get a PPP loan
The PPP loans are meant to help small businesses and nonprofits stay afloat during the COVID-19 pandemic, by funding eight weeks of payroll and certain
Chemung Financial moves May 13 annual meeting from hotel to HQ
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently announced that it has moved its annual meeting of
Community Bank System to hold virtual annual shareholder meeting due to COVID-19
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced that it will host its 2020 annual meeting of shareholders virtually due to government-mandated social-distancing
CenterState CEO, KeyBank announce $150K small business emergency relief grant program
SYRACUSE, N.Y. — CenterState CEO on Friday announced a $150,000 small-business stabilization fund from which grants are available for “under-resourced” small businesses affected by COVID-19
Utica announces first round of economic-stimulus loans
UTICA, N.Y. — Utica Mayor Robert Palmieri on Thursday announced the first round of loans for local businesses that applied for the city’s economic-stimulus loan
Launch NY 1st quarter investments include funding for two Ithaca firms
BUFFALO, N.Y. — Launch New York (Launch NY) has reported its first-quarter investments for 2020, which included funding for two Ithaca companies. Those firms are
M&T Bank donates $25,000 to Broome County COVID-19 relief fund
BINGHAMTON, N.Y. — Buffalo–based M&T Bank (NYSE: MTB) — the largest bank in the Binghamton metro area, ranked by deposit market share — has donated
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