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US securities regulator examines state-owned companies that have taken out emergency loans – sources

Band Koh Gui Qing NEW YORK, May 14 (Reuters) – The U.S. securities regulator has asked public companies that have received emergency government loans to prove they are eligible for the funds and has made consistent statements to investors about their need for assistance, said to Reuters two people aware of the request. The Securities […]

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Over 1.1 million small business loans canceled by recently reopened paycheck protection program

WASHINGTON, DC (WWTI) – More than a million loans have already been canceled for small businesses across the country. The Small Business Administration of the United States announced that it canceled more than 1.1 million Paycheck Protection Program loans during the recently opened first draw period. According to the SBA, this has totaled more than […]

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Coronavirus Aid Bill Bans Trump and His Family from Receiving Hospitality Industry Loans

The $ 2 trillion economic aid deal struck overnight Tuesday includes a provision prohibiting President Trump or members of his family from personally benefiting from the money made available to businesses, said Wednesday morning Senatorial Minority Leader Chuck Schumer. Schumer said the provisions were not specifically aimed at Trump but applied to “any major figure […]

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Morgan Properties closes six Freddie Mac Series K “B-coins” for a total of $ 6.5 billion in loans in 2020

KING OF PRUSSIA, PA – (COMMERCIAL THREAD) – Morgan Properties, the nation’s fifth largest apartment owner and operator, is delighted to announce its continued investment in the Freddie Mac K-Series space having acquired six separate K-Series rooms in 2020 for 6.5 billion dollars in loans. The six B coins that Morgan Properties acquired had a […]

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Bulgarians Biovet and Huvepharma to seek € 115 million in loans from EIB and private lenders

SOFIA (Bulgaria), July 24 (SeeNews) – Bulgarian pharmaceutical manufacturer Biovet and its parent company Huvepharma International intend to seek funding of 115 million euros ($ 133.5 million) by modifying existing agreements with the European Investment Bank (EIB) and a syndicate of foreign lenders, Biovet said. Biovet seeks approval from its shareholders to sign an agreement […]

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Everything You Need To Know About Secured Equity Loans Smart change: personal finances

You may have heard of an Equity Secured Loan by another name, including Loan secured by Savings, Secured Cash Loan, and Passbook Loan. They are all the same. How do equity-backed loans work? Since savings-backed loans use the money in your interest-bearing account as collateral, you will need a savings account, CD, or money market […]