India to expand reach of MSME loan guarantee program

India will expand the scope of a government-guaranteed bailout for small businesses, including raising the threshold to qualify for loans under the program, to help them weather the coronavirus crisis. Under the current structure of the Emergency Line of Credit Guarantee program, small businesses with turnover up to Rs 100 …

Read More »

Secretary DeVos Extends Forbearance On Student Loans To Jan 31, 2021 In Response To National COVID-19 Emergency

WASHINGTON – U.S. Secretary of Education Betsy DeVos today announced the extension of the administrative forbearance period for federal student loans, the suspension of accrued interest and the suspension of collection activities until January 31, 2021. Federal student loan borrowers will not be expected to make payments until January of …

Read More »

Southwest Airlines Flight 1380 makes emergency landing in Philadelphia after engine apparently exploded, killing one and injuring more

PHILADELPHIA CREAM – A Southwest Airlines jet apparently blew up an engine and was struck by shrapnel that smashed a window and damaged the fuselage on Tuesday. Southwest Flight 1380 was flying at approximately 30,000 feet when the explosion occurred. The incident killed a passenger and injured seven others, authorities …

Read More »

Emergency aid, budget cuts and rhyme

The new coronavirus continues to disrupt our worlds. But it is possible that we are getting closer to a vaccine, as those who have had the virus donate their blood and plasma for research. In perhaps more disturbing news, apparently we all have the same nightmares, fueled by anxiety around …

Read More »

Veterinary drug loan repayment program pays dividends

Posted by Kelly Flynn, National Institute of Food and Agriculture in Research and Science Feb 21 2017 The Veterinary Drug Loan Repayment Program helps veterinarians repay qualified student loans for their services as food animal veterinarians in certain areas of the country. (iStock image) This position is part of Science …

Read More »

Government unveils changes to emergency loan programs

Chancellor Rishi Sunak announced a series of new measures to continue supporting small businesses during the pandemic, including extending the application deadline for all of its emergency loan programs to the end of November. The four plans include the Coronavirus Business Interruption Loan Plan (CBILS), Coronavirus Large Business Interruption Loan …

Read More »

LATAM investors seek $ 1.5 billion loan

A group of investors from the LATAM Airlines group are seeking a loan of up to $ 1.5 billion to help the struggling airline. As we know, last month, LATAM filed for Chapter 11 bankruptcy protection in the United States and is being restructured. Let’s investigate further. LATAM is seeking …

Read More »

FM announces 30,000 crore emergency fund for farmers

Finance Minister Nirmala Sitharaman on Thursday announced measures to provide credit and relief to farmers affected by the lockdown, including a ??$ 2 trillion credit program that will cover 25 million farmers who do not have Kisan credit cards and ??30,000 crore additional emergency working capital through the National Bank …

Read More »

Maryland Department of Commerce to Write Off $ 75 Million in Emergency Commercial Debt, State Fund $ 25 Million in Social Housing Tax Credit Projects

ANNAPOLIS, MD — On Thursday afternoon, Governor Larry Hogan provided an update on Maryland’s response to the COVID-19 pandemic. In March, the state granted $ 75 million in emergency loans to businesses in Maryland. Governor Hogan on Thursday ordered the Maryland Department of Commerce to write off the entire $ …

Read More »

EIDL Emergency Grants Program Excluding Funding

An emergency grants program put in place to help small businesses overcome the economic impact of the coronavirus pandemic has been put in place. The Small Business Administration (SBA) recently announced that it will no longer provide Economic Disaster Loan Advances (EIDLs) because the program has reached the $ 20 …

Read More »

Ontario Announces Emergency Commercial Rent Relief

Ontario Premier Doug Ford, with Finance Minister Rod Phillips behind him, announcing the new Ontario-Canada Emergency Commercial Rent Assistance Program on April 24, 2020 (Screenshot / YouTube) On Friday, April 24, the Ontario government announced details of a new federal-provincial program to provide rent relief to owners and tenants of …

Read More »

Jussie Smollett’s Charges Dropped, and ‘Empire’ Actor’s File ‘Erased’ After His Emergency Appearance in Chicago Court Today

Charges against Jussie Smollett dropped 02:44 All criminal charges against the “Empire” actor ” Jussie smollett were dropped and “his file was erased,” his lawyers said in a statement on Tuesday. A judge also granted a motion to seal the case, CBS Chicago reported. The Cook County State Attorney’s Office …

Read More »

Emergency Small Business Support Loan

The Cornwall Small Business Emergency Support Loan is an interest-free loan of up to $ 5,000 for eligible businesses to provide assistance and support to offset the effects of the COVID-19 crisis. Up to $ 1,000 of this amount will be eligible for a full rebate if $ 4,000 is …

Read More »

Centauro owner takes out emergency loan

Centauro owner takes out emergency loan

SBF borrows $ 22 million from BTG Pactual and sets up debt agreement with Banco do Brasil Brazil Coronavirus Debt Loans Editor’s Note: LatinFinance makes some of its most important documents on coronaviruses available to all readers. Visit our coronavirus section for all of our coverage and Register now to …

Read More »