Business Loans

On Thursday, July 30, Google co-hosted an online workshop with the Nevada Small Business Development Center and the Connected Commerce Council for Nevada as part of the tech company’s ‘Grow with Google’ initiative. ‘Grow with Google’ aims to help create economic opportunity in communities across the United States by providing free training, tools, and expertise for people across their country to grow their skills, careers, and businesses.

In the latest measure of the devastating and unprecedented economic consequences of the coronavirus pandemic, weekly unemployment claims in Nevada last week continued to surge by the tens of thousands with 79,865 new initial claims, according to preliminary statistics from the U.S. Department of Labor released Thursday.

Jo Etta Brown, executive vice president of the Alliance for Retired Americans and a senior member of the Nevada Commission for Women, will be the featured speaker at the Martin Luther King Day luncheon sponsored by the Democratic Men's Committee of Carson City.

Ms. Brown's presentation will feature a review of Dr. King's legacy as an advocate for peace and social justice, the mostly forgotten story of Nevada as "the Mississippi of the West," and the little-known history of African Americans in Carson City and Carson Valley.

Noah Elsfelder has joined Greater Nevada Credit Union as Business Services Specialist. He brings more than 12 years of banking experience to Greater Nevada and the businesses it serves.

In his new role, Elsfelder will help establish and maintain Greater Nevada Credit Union’s business banking relationships. Greater Nevada offers a full range of business banking products and services such as checking accounts, merchant services, cash management, as well as business loans, including construction, SBA and agriculture.

Over the past year and a half, Greater Nevada Credit Union (GNCU), the area’s largest locally-based credit union, has seen more than 115% growth in its business lending portfolio. One of the credit union’s newest products, construction loans, is taking off just as rapidly, thanks to local businesses that want to expand, and the unique services offered by Greater Nevada to help them do it.

CARSON CITY - Economic development authorities, nonprofits and towns in rural Nevada that want to support rural business or create a revolving loan fund for business may now apply for USDA Rural Development’s Rural Business Enterprise Grant (RBEG). An estimated $82,060 is available. Applications are due by June 30, 2014.

Economic development authorities, nonprofits and towns in rural Nevada that want to support rural business or create a revolving loan fund for business may now apply for USDA Rural Development’s Rural Business Enterprise Grant. An estimated $82,060 is available. Applications are due by June 30, 2014.

The purpose of the RBEG is to support the creation and growth of sustainable rural business opportunities and jobs. Eligible entities are public bodies, private nonprofit corporations, rural development authorities, and federally recognized tribes. Individual businesses are not eligible.

The U.S. Small Business Administration backed a record $30.5 billion in small-business loans last fiscal year, including more than $2.5 million that went to Carson City-area businesses.The local SB...

CARSON CITY – A new federal program is bringing $13.8 million to Nevada to lend to small businesses to spur job growth, Gov. Brian Sandoval announced earlier this week.
The funds provided to Nevada’s State Small Business Credit Initiative (SSBCI) by the Small Business Jobs Act are expected to help create private sector jobs and spur more than $138 million in additional lending to small businesses in Nevada, Sandoval said.

CARSON CITY – Rep. Joe Heck, R-Nev., announced today he will back a spending reduction plan put forth by House Speaker John Boehner because it proposes a balanced budget amendment that will protect the United States’ AAA credit rating.
A vote on the plan scheduled for today was delayed, however.