Paycheck Protection Program
UNR Extension hosts online town halls to discuss new round of Paycheck Protection Program
Submitted by Jeff Munson on Mon, 01/18/2021 - 12:14pmRENO, Nev. — With the Small Business Administration resuming their Paycheck Protection Program earlier this week, and other organizations such as Prestamos CDFI joining in to offer other forgivable loan programs, University of Nevada, Reno Extension will offer free online town halls with representatives from these organizations and other lenders, as well as Extension experts, explaining eligibility, the application process and other details on the assistance programs.
Greater Commercial Lending opens online applications for new round of Paycheck Protection Program, Wednesday at Noon
Submitted by Carson Now Reader on Wed, 01/13/2021 - 9:58amCARSON CITY, Nev. — Greater Commercial Lending (GCL), a wholly-owned subsidiary of Greater Nevada Credit Union (GNCU), announces the opening of its online application for the second round of Paycheck Protection Program (PPP) on Wednesday, January 13, 2021 at noon PST for both first-time and second-draw applications.
UNR Extension weekly online town halls and webinars for small businesses resume this week
Submitted by Jeff Munson on Sun, 01/03/2021 - 10:14amAs the new year kicks off and another COVID-19 stimulus package has been passed, University of Nevada, Reno Extension will offer free online town halls and webinars next week and the following week to provide small businesses owners with details on the stimulus package, as well as guidance on marketing and taxes. Discussion on the new stimulus package will include improvements to the Small Business Administration's Paycheck Protection Program, as well as emergency enhancements being made to related lending programs.
Nevada Congressman Amodei votes to override defense legislation veto, votes against Trump backed $2K stimulus checks
Submitted by Jeff Munson on Mon, 12/28/2020 - 6:16pmWASHINGTON, D.C. — Congressman Mark Amodei , NV-02, released the following statements Monday after voting to override a presidential veto of the National Defense Authorization Act and voting against Economic Impact Payments.
Greater Commercial Lending Brokers First Ever USDA CARES Act Loan
Submitted by Carson Now Reader on Fri, 09/11/2020 - 4:54pmThe first USDA Business and Industry CARES Act loan, intended to protect America’s small farms and businesses amidst the COVID-19 pandemic, went to an aquaculture farm in Iowa and was brokered by Carson City-based Greater Commercial Lending (GCL). These CARES Act loans provide working capital to help rural businesses prevent, prepare for or respond to the effects of the coronavirus pandemic.
Nevada Commercial Rental Assistance Grant Program expands criteria, extends deadline
Submitted by Jeff Munson on Mon, 08/31/2020 - 10:26amCARSON CITY — The Nevada State Treasurer’s Office and the Governor’s Office of Economic Development announced Monday several changes to the State’s Commercial Rental Assistance Grant Program.
Pizza Factory of Carson City to host 'Save the Children's Museum' fundraiser Wednesday
Submitted by Carson Now Reader on Tue, 08/25/2020 - 8:44amThe Children's Museum of Northern Nevada in Carson City is facing a possible closure due to the COVID-19 pandemic and a shortfall of funding. The Museum is now open and ready to serve all the families from this lovely region, and there are numerous ways the community can help.
Nevada's commercial rental assistance program begins, grants up to $10K available
Submitted by Jeff Munson on Mon, 08/24/2020 - 9:55amCARSON CITY — Small businesses and non-profits in Nevada are now able to apply for the state’s commercial rental assistance grant program, established through the State Treasurer’s Office and the Governor’s Office of Economic Development. The program begins today, Monday, August 24.
Nevada commercial rental assistance grant program to start taking applications Aug. 24
Submitted by Jeff Munson on Mon, 08/10/2020 - 10:11amCARSON CITY — The State Treasurer’s Office and the Governor’s Office of Economic Development announced Monday that small businesses and non-profits will be able to apply for State’s commercial rental assistance program beginning on August 24, 2020.
Restaurants, doctors, lawyers top list of thousands of Nevada PPP loan recipients
Submitted by admin on Mon, 07/06/2020 - 3:26pmTens of thousands of Nevada small businesses and organizations — from casinos and law firms to churches and even strip clubs — received at least $3.1 billion through the Paycheck Protection Program stimulus package, according to a massive disclosure made by the federal government.
Nevada Bankers Association joins local groups to help small businesses comply with PPP
Submitted by Carson Now Reader on Tue, 06/09/2020 - 1:40pmThe Nevada Bankers Association is joining other local business organizations in pushing for a more simplified and streamlined process to help small businesses comply with the loan forgiveness requirements of the Paycheck Protection Program (PPP).
UNR Extension offers webinars this week on loan forgiveness, paycheck protection programs
Submitted by Jeff Munson on Mon, 05/25/2020 - 11:04amBesides needing funds available for small businesses during the COVID-19 crisis, small-business owners need additional support and guidance, as well as opportunities to talk with other small-business owners.
Nevada State Bank Secured Approval For 4200+ PPP Loans, Helping Northern Nevada Businesses And NonProfits
Submitted by Carson Now Reader on Fri, 05/15/2020 - 4:27pmRENO - Based on processed applications as of May 13, 2020, Nevada State Bank has announced approval for 4,255 U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) loans totaling $592,005,500.
More than 68% of the loans were made to businesses with fewer than 10 employees and approximately 82% of the loans approved were for amounts less than $150,000 (57% for amounts less than $50,000). The funding will help preserve payrolls for 65,607 Nevada jobs, based on applicant data.
Nevada small businesses get more aid in second round of SBA emergency loan funding
Submitted by admin on Mon, 05/04/2020 - 10:23amAfter faring poorly in the initial round, Nevada small businesses received the second highest number of approved loans and total aid in the second round of funding for the Small Business Administration emergency loan program compared with six similar-sized states.
Trump administration allows small casinos to tap SBA emergency loan program
Submitted by admin on Sun, 04/26/2020 - 8:28amMembers of Nevada’s congressional delegation celebrated the White House’s decision Friday to allow small casinos to access a Small Business Administration emergency loan program.
Nevada got smallest number of emergency loans compared to similar-sized states, PPP now out of money
Submitted by admin on Thu, 04/16/2020 - 10:49amNevada received the fewest number of loans and the least amount of money under the Small Business Administration Paycheck Protection Program (PPP) compared to states with comparable populations sizes, according to an analysis of
Greater Commercial Lending, An SBA Paycheck Protection Program Preferred Lender
Submitted by Carson Now Reader on Fri, 04/10/2020 - 7:54amGreater Commercial Lending (GCL) continues to accept applications for the Paycheck Protection Program (PPP), authorized by the U.S. Small Business Administration (SBA) as a result of the recently enacted Coronavirus Aid, Relief and Economic Security Act (CARES Act). The company is one of the earliest business lenders to fully adopt the PPP in the State of Nevada since opening applications on Friday, April 3. By mid-day on Monday, April 6, over 400 Nevada businesses had submitted applications to GCL.
Postal Annex offers free copying, scanning, and faxing of COVID-19 related financial assistance documents
Submitted by Carson Now Reader on Thu, 04/09/2020 - 12:09pmOur Postal Annex location is providing Free Copying, Scanning, and Faxing of COV ID-19 related Financial Assistance Documents effective immediately. Some governmental agencies still want items faxed and others want them scanned and attachment on an email.
Greater Commercial Lending: Over 400 businesses have applied for PPP
Submitted by admin on Tue, 04/07/2020 - 10:26amCARSON CITY, Nev. — Greater Commercial Lending (GCL) continues to accept applications for the Paycheck Protection Program (PPP) that was ...
Nevada Small Business Development Center offers guide to COVID-19 aid, relief and Economic Security Act financial assistance
Submitted by Jeff Munson on Thu, 04/02/2020 - 4:00pmIn response to the COVID-19 pandemic that continues to threaten local economies across the country, the U.S. Small Business Administration has increased efforts to alleviate the hardship experienced by small businesses.