Official Newspaper of Eddy County since 1883
Official Newspaper of Eddy County since 1883
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Since 1987, the U.S. Small Business Administration (SBA) has celebrated Women’s History Month to recognize the role women entrepreneurs have in building and strengthening our local and national economies. Women have transformed the face of entrepreneurship across America in both urban and rural communities. This is especially true while our nation confronts the the COVID 19 pandemic. Women entrepreneurs continue to play a greater role in creating new jobs and economic activity across the country. According to the National Association of Women B...
As yet another wave of the pandemic wreaks havoc on our nations’ health and economy, a great way to support each other locally is to Shop Small and Shop Safe. There are many good reasons to shop small all year long, but supporting local businesses this holiday season is more important than ever. 62% of U.S. small businesses reported the need to see consumer spending return by the end of 2020 to stay in business, according to the Small Business Recovery Research conducted by American Express. If we want our favorite local businesses to remain i...
North Dakota Lenders processed 18,925 PPP loans for $1.7 billion for small businesses and eligible non-profits. The first loans were approved on April 3rd and required a 10 day disbursement window. During the first week of June, many businesses will likely be approaching the end of their 8-week covered period for loan forgiveness. As businesses start to review the procedures for forgiveness, I would like to offer an overview and encourage them to take the time to fully understand the process. After the 8-week covered period, a borrower must...