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Friday, August 14, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: loan


Small business loan program restarts, runs into snags

The second round of loan applications for the government’s small business relief program has been slowed by computer issues at the Small Business Administration.


UPDATED: Mon., April 13, 2020

Government loans start flowing to small businesses

The flow of money to small businesses under the government’s $349 billion coronavirus relief plan is picking up momentum although many company owners are still waiting and wondering.


UPDATED: Thu., April 9, 2020

A new $2.3 trillion Fed plan will aid localities and companies

The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and businesses, as well as …


UPDATED: Tue., Feb. 12, 2019

N.Y. Fed: Auto loan delinquencies at highest point since 2010

The Federal Reserve Bank of New York says borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010.


That ‘live check’ promises cash, but there’s a catch

Did you receive a preapproved offer in the mail this holiday season that looks like a check, made out to you and ready to cash? Before you rush to the …


Indian Canyon golf course scheduled to reduce holes as golfers pay back loan to fix watering systems

The Spokane City Council this week approved the first of three anticipated loans that will be paid back to the city from fees charged golfers at the four municipal courses. …


SEC dropped inquiry a month after firm aided Kushner company

The Securities and Exchange Commission late last year dropped its inquiry into a financial company that a month earlier had given White House adviser Jared Kushner’s family real estate firm …


UPDATED: Mon., Feb. 19, 2018

Judge grants $300M loan for Puerto Rico power company

A federal judge on Monday approved a $300 million loan for Puerto Rico’s power company that officials say will help keep the troubled agency operating until late March.


Tom Kelly: Home-equity loans come in different forms

The loans have given lenders the incentive to smooth over the unpleasant connotations of “second mortgage” and create a new atmosphere surrounding “home equity.”


UPDATED: Tue., Sept. 26, 2017

Spokane County lends $8.5 million to Central Valley School District for new middle school

Funds for the five-year loan come out of the county’s $1 billion investment pool, which combines the capital of several taxing districts and is separate from the dwindling general fund …


Nerd Wallet: How do I help my parents pay off college debt?

Help your parents live a little easier – and soothe your conscience – by looking into payment-reduction options or repaying their loans yourself. In certain situations, refinancing the loans in …


UPDATED: Mon., March 13, 2017

Ridpath loan of $1.75 million clears first hurdle from Spokane City Council

The city will have to vote a few more times before Ron Wells’ loan to convert the old hotel into mixed housing gets final approval.


IMF, Egypt agree on $12B loan to fix ailing economy

The International Monetary Fund said Thursday it will grant Egypt a $12 billion loan over three years to help the Arab world’s most populous country mend its ailing economy following …


Uber raises $1.15 billion in leveraged loan

Uber has reportedly raised $1.15 billion in a new high-yield loan that will allow the company to take advantage of low interest rates without diluting the equity of early investors.


Donald Trump won’t seek repayment for his loans to his campaign, manager says

Donald Trump says he has spent $30 million so far running for president, and his campaign manager says he’s never getting that money back.