NEW ORLEANS – As Hurricane Delta approached the southwest Louisiana coast, New Orleanians were thankful for another near miss and hoped for the best for their neighbors. Meanwhile, it was another Biz-y week of news: Phase 3 Restrictions to Stay in Place Even as Republican lawmakers attempt to strip his power...
NEW ORLEANS – The U.S. Small Business Administration and the Treasury Department have released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. The agencies say the action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses. “The...
NEW ORLEANS – Entrepreneurs working to recover from the impacts of COVID-19 have additional resources at their disposal, thanks to a $200,000 grant from JP Morgan Chase to the Good Work Network. The funding will support programming for women and minority small business owners, including one-on-one advising, growth planning,...
NEW ORLEANS – The Knowledge is P.O.W.E.R. series is back in virtual form with seven sessions scheduled before the end of the year.  Next up: Knowledge is Power – Social Media in Business from 9:30 a.m. to 10:30 a.m. Wednesday, Sept. 30. Click here to register. Review the sessions and...
BATON ROUGE – b1BANK President and CEO Jude Melville announced today the addition of Carol Calkins to the board of directors of b1BANK and its parent company Business First Bancshares Inc. Calkins is a certified public accountant and joins the board with more than 30 years of finance, audit, and...
NEW ORLEANS – Freddie Mac has named NOLA Lending Group as one of the winners of its Home Possible RISE Awards. The annual Recognizing Individual for Sustained Excellence program salutes Freddie Mac’s top clients across multiple categories for excellence with Home Possible mortgages – Freddie Mac’s affordable lending solution...
BATON ROUGE – Jude Melville, president and CEO of b1BANK, announced Jesse Jackson will lead the bank’s Financial Institutions Group and will join the executive leadership team. Jackson has over 30 years’ experience in the banking industry, most recently serving as executive vice president of Texas Capital Bank’s Dallas...
WASHINGTON (AP) — U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent consumer borrowing down sharply in the previous three months. The Federal Reserve reported Tuesday that the 3.6% increase in July, which represented a $12.2 billion advance, followed...
BATON ROUGE – b1BANK has announced disaster-recovery financial services available to the Louisiana1 individuals and businesses that have been affected by Hurricane Laura. Services include waiving of certain fees, deferral options and rate discounts on loans. “As in previous emergencies, we are committed to providing financial relief options for our...
NEW ORLEANS – Gulf Coast Bank & Trust Company has announced an effort to collect food items and cash donations to help those affected by Hurricane Laura. Cash and non-perishable food items are being accepted at any Gulf Coast Bank location. A complete list of locations can be found at...