Economy
From Staff Reports Lower oil prices plus a pandemic mean Texas’ economy is being hit harder than the world and the rest of the United States. But a researcher monitoring the state’s weekly economic heartbeat, says he detects positive signs. “After flattening the last two weeks of May, the Texas weekly leading index increased during […]
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The SBA’s “CARES ACT” promised a lifeline for small businesses affected by COVID-19. Yet for many owners, the loan process proved frustrating, time-consuming, and full of red tape.
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I first met George Ratiu at NAREE, then again at MetroTex, and liked him immediately. Then I discovered we shared a common ethnic heritage: we are both Romanian! My maternal grandparents were Romanian, my grandmother emigrating when she was 12. She had six children, supported them all through the Great Depression. Tough doesn’t even begin […]
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DFW job gains shine in March, but April and May are not going to be so bright…
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Before the first round of funding ran out last week, Ebby Halliday agent Jason Bell had become the resident expert on Small Business Administration loans for friends and fellow agents who understandably had more questions than answers when applying for coronavirus relief. “It was a jumbled mess,” Bell says. In early April, the Plano Willow […]
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SBA: “processed more than 14 years worth of loans in less than 14 days” 76% of loans have been processed by small/regional banks 49,000 loans totaling $8 billion have gone to real estate subsector Guidelines still murky for independent contractors, who had only four days to apply before funds ran out Talks are underway for […]
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