Loans

Gov. Steve Sisolak is proposing a two-year budget that reverses cuts to Medicaid and other key K-12 programs made last summer, after financial projections left the state at what officials are calling an “inconsistent, if not positive, ending point” for tax revenue.

CARSON CITY, Nev. — Greater Commercial Lending (GCL), a wholly-owned subsidiary of Greater Nevada Credit Union (GNCU), announces the opening of its online application for the second round of Paycheck Protection Program (PPP) on Wednesday, January 13, 2021 at noon PST for both first-time and second-draw applications.

The Nevada Department of Employment, Training and Rehabilitation provided an update Thursday to Nevadans about a federal stimulus bill and how the delay in the passage and enactment of the stimulus bill will adversely affect Nevadans.

Clint Koble, Executive Director of the Department of Agriculture's Nevada Rural Development Council in the Obama administration, will be the featured speaker at next Monday's Democratic tele-luncheon. The topic of his presentation will be “Rebuilding Rural America” — a set of policy proposals he developed based on a lifetime in public life and on his own experience as a product of rural America, having been born and raised on a farm in North Dakota.

CARSON CITY — The Nevada Department of Employment, Training and Rehabilitation announced Thursday it has started borrowing money from the federal government to help ensure Nevada residents who are eligible for regular unemployment benefits continue to receive payments without interruption during the ongoing COVID-19 pandemic.

Stroudwater Associates, the nation’s leading source of strategic, operational, and financial strategy for rural, community and county-district owned hospitals, announced today a joint venture with Greater Commercial Lending (GCL), a wholly-owned subsidiary of Greater Nevada Credit Union, recognized as one of the nation’s leading USDA lenders, to help rural healthcare businesses access USDA guaranteed loans. The new partnership will be known as StroudwaterGCL Rural Healthcare Capital.

Greater Nevada Credit Union, a Carson City-based credit union serving northern Nevada, contributes $25,000 as the first corporate sponsor and financial institution to the Audacity Fund Reno, which provides funding, education and support to local business owners from underserved populations.

Don’t wait. Students planning to attend Western Nevada College can begin submitting their 2021-22 Free Application for Federal Student Aid form on Thursday, Oct. 1, and financial aid officials are advising students not to wait.

CARSON CITY — To assist with disaster relief during this devastating fire season, Greater Nevada Credit Union has donated $30,000 to three different credit unions coordinating relief efforts in California and Oregon. Rogue Credit Union Foundation in Medford, Ore.; Redwood Credit Union Community Fund in Santa Rosa, Calif.; and Sierra Central Credit Union in Yuba City, Calif. will each receive $10,000 to assist with ongoing relief efforts.

The first USDA Business and Industry CARES Act loan, intended to protect America’s small farms and businesses amidst the COVID-19 pandemic, went to an aquaculture farm in Iowa and was brokered by Carson City-based Greater Commercial Lending (GCL). These CARES Act loans provide working capital to help rural businesses prevent, prepare for or respond to the effects of the coronavirus pandemic.

The Brewery Arts Center will deliver live music directly to the citizens of Carson City while practicing social distancing once again this week.

Miles Construction Company has generously donated the use of a Flatbed Truck and with financial support from The Change Companies, the Nauman Foundation, and Carson Tahoe Hospital, all summer the BAC has placed musicians and bands on the flatbed and driven them through the streets and neighborhoods of Carson City and now the fun goes into September.

When Will Truce and Jake Conway worked as high school teachers in Carson City, a colleague offered them some crystallized honey from his bee farm, and the two began experimenting with making mead, the world’s oldest alcoholic beverage brewed by fermenting honey with water and sometimes referred to as ‘honey wine.’

On Thursday, July 30, Google co-hosted an online workshop with the Nevada Small Business Development Center and the Connected Commerce Council for Nevada as part of the tech company’s ‘Grow with Google’ initiative. ‘Grow with Google’ aims to help create economic opportunity in communities across the United States by providing free training, tools, and expertise for people across their country to grow their skills, careers, and businesses.

Tens of thousands of Nevada small businesses and organizations — from casinos and law firms to churches and even strip clubs — received at least $3.1 billion through the Paycheck Protection Program stimulus package, according to a massive disclosure made by the federal government.

Laws implementing a wide range of criminal justice reforms, establishing a state board responsible for regulating marijuana and creating a payday loan database finally take effect Wednesday, more than a year after the 2019 legislative session ended.

The next Carson City Board of Supervisors meeting is scheduled to take place June 18 at 8:30 a.m. in the Sierra Room at the Carson City Community Center, located at 851 E. William St.

The Nevada Bankers Association is joining other local business organizations in pushing for a more simplified and streamlined process to help small businesses comply with the loan forgiveness requirements of the Paycheck Protection Program (PPP).

Democrats competing in the Congressional District 2 primary have poured tens of thousands of dollars into the race in the hopes of pulling off a historic first: winning a Northern Nevada seat no Democrat has ever won.

The polarizing attitudes and ideology that has taken over the American political environment -- as witnessed in recently-held political debates and rallies, nationwide -- is a danger to traditional American democratic values of diversity and respect of the “marketplace of ideas”, where people are not listening to each other, where respect for diversity is lacking, where the prevailing political attitude seems to be “my way or the highway”.

RENO - Based on processed applications as of May 13, 2020, Nevada State Bank has announced approval for 4,255 U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) loans totaling $592,005,500.

More than 68% of the loans were made to businesses with fewer than 10 employees and approximately 82% of the loans approved were for amounts less than $150,000 (57% for amounts less than $50,000). The funding will help preserve payrolls for 65,607 Nevada jobs, based on applicant data.

RENO — During the COVID-19 crisis, small-business owners need additional support and guidance, as well as opportunities to talk with other small-business owners. University of Nevada, Reno Extension is offering virtual question-and-answer “Coping With COVID-19 Town Halls” for small businesses every Wednesday, and webinars on specific topics for small businesses every Friday.

After faring poorly in the initial round, Nevada small businesses received the second highest number of approved loans and total aid in the second round of funding for the Small Business Administration emergency loan program compared with six similar-sized states.

Members of Nevada’s congressional delegation celebrated the White House’s decision Friday to allow small casinos to access a Small Business Administration emergency loan program.

CARSON CITY, Nev. — Nevada officials are applauding the Small business Administration's decision on April 24 to reverse course and allow small ...

Many small gaming businesses have been shut out of federal disaster loans, but Nevada’s congressional delegation is pushing for them to be included in future legislation. Sen. Jacky Rosen, D-Nev., said today she is pressing to ...

Many Nevadans are adjusting to the proliferation of COVID-19 by practicing social distancing, stocking up on supplies and staying at home. The Nevada Independent is sharing their stories each day.

Since COVID-19 forced his two locations in Reno and Carson City to close, Garrison said he has moved exclusively to online orders which consist of a ...

Nevada received the fewest number of loans and the least amount of money under the Small Business Administration Paycheck Protection Program (PPP) compared to states with comparable populations sizes, according to an analysis of

Cecilia Gonzalez made her first call to Nevada’s unemployment office last Friday at 7:59 a.m., hoping that she might snag an open line the minute the agency opened to resolve a sticking point in her claim about her work history and eligibility.

Greater Commercial Lending (GCL) continues to accept applications for the Paycheck Protection Program (PPP), authorized by the U.S. Small Business Administration (SBA) as a result of the recently enacted Coronavirus Aid, Relief and Economic Security Act (CARES Act). The company is one of the earliest business lenders to fully adopt the PPP in the State of Nevada since opening applications on Friday, April 3. By mid-day on Monday, April 6, over 400 Nevada businesses had submitted applications to GCL.