AGP Executive Report
Last update: 2 hours agoDisaster Aid: The SBA is offering low-interest working-capital loans to small businesses and nonprofits hit by wildfires in parts of Minnesota and Wisconsin, even if they suffered no physical damage. Polk County businesses can also apply for up to $5,000 in disaster-preparedness grants by Nov. 15. Government Contracts: North Carolina businesses previously certified as HUBs can use a streamlined process to join the state’s small-business program through Nov. 30, opening access to contracting opportunities. SBA Lending: First Internet Bank says AI tools cut compliance review times for SBA loan applications by 87%; the bank plans to use the added capacity to handle more business, not reduce staff. Fraud Warning: A Georgia lender’s founder was sentenced to 15 years for a Ponzi scheme that cost more than 300 investors over $76 million. He had pitched the investments as bridge loans to small businesses seeking SBA financing.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
