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PennDOT accepting proposals for transportation projects
The PennDOT Office of Public-Private Partnerships (P3) announced Thursday that it is accepting unsolicited proposals for transportation projects from the private sector through Nov. 10.
Franklin Financial Q3 earnings up 66% over 2020
Chambersburg-based Franklin Financial Services Corp., the bank holding company of F&M Trust, reported consolidated earnings of $5.9 million for the third quarter, up from $3.5 million a year ago.
Traditions Bancorp reports YTD revenue gain, despite Q3 decline
Despite a 19% decline in third-quarter net income, York-based Traditions Bancorp Inc. reported a 7% year-to-date net income increase over the first nine months of 2021.
Are you leaving ERTC money on the table?
Twenty-eight Thousand dollars. That’s how much you could get per employee for the 2021 year with the Employee Retention Tax Credit. And for 2020, you could get up to $5,000 per employee. As part of the […]
York distributor partners with Turkish manufacturer to custom build PPE
To address holes the pandemic poked in the medical equipment supply chain, York medical equipment distribution company Legacy Medical Sales, LLC, partnered with a Turkish manufacturer to make its own products.
Harrisburg restaurateur faces fines, jail for pandemic-related fraud charges
A Dauphin County restaurant owner faces $2.6 million in fines and up to 90 years in prison after allegedly defrauding the federal government out of $237,500 in loans from the Small Business Administration.
PPP’s extension gave borrowers needed time to apply, funds expected to dry up before end date
An extension to the Paycheck Protection Program (PPP) from March to May allowed more time for small firms and businesses looking to draw from the program for a second time to benefit from it. But without additional funds, the program is expected to dry up soon.
The truth behind popular misconceptions about the PPP
The federal Paycheck Protection Program (PPP) application deadline has been extended to May 31, offering small businesses another opportunity to secure critical funds to curb the economic ripple effects of the pandemic.
PPP round 2 is easier, more targeted, applicants say
“The first round was helpful but it created a lot of uncertainty and anxiety,” Josh Kesler, restaurant owner said. “In the second round, the process was much clearer because everyone including the SBA, financial institutions and borrowers had all been through it before.”
PPP loan applications open today with a tighter focus on small business
Lenders with less than $1 billion in assets can now submit applications for the second round of the Paycheck Protection Program (PPP) starting today, but borrowers looking to use the program a second time will have more hoops to jump through than they did last year.
New federal stimulus package welcomed, lawmakers point out issues
State lawmakers praised the coming of the $900 billion federal stimulus package approved by the Senate and Congress this week but noted that much more must be done before the nation recovers from its public health and economic crisis.
Bankruptcy filings are down over last year, but a wave is expected if the lockdown continues
Businesses and individuals considering bankruptcy during the pandemic might be holding off for now while the crisis unfolds, but experts expect bankruptcies to rise as companies continue to struggle.
