Posts Tagged ‘loan’

Counties approved for assistance following tornadoes

ACROSS MISSISSIPPI — The U.S. Small Business Administration approves disaster assistance to residents and businesses in several Mississippi counties affected by the severe weather and tornadoes, according to the Mississippi Emergency Management Agency. The declaration covers Noxubee County and the adjacent counties of Kemper, Lowndes, Oktibbeha and Winston. Applicants will be able to apply in [...] [...]

County offering incentives for new manufacturing plant

COLUMBUS — Lowndes County will apply for $6.6 million in grants and loans to support the location a facility for a building material manufacturer. Golden Triangle Development Link CEO Joe Max Higgins said CalStar Products would create at least 58 jobs and possibly up to 100 within the next three years. CalStar opened a plant [...] [...]

Deadline approaching to apply for drought-related assistance

NORTH MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that May 13 is the filing deadline for federal economic injury disaster loans. These loans are available in Alcorn, Benton and Tippah counties in as a result [...] [...]

Fees will not increase on small loans

JACKSON — Mississippi lawmakers are rejecting a plan to raise fees on loans between $500 and $4,000. On a voice vote, House members rejected Senate Bill 2571, with opponents saying it was immoral to raise interest rates on hard-up borrowers. House members technically sent the bill back for more negotiations, but senators didn’t act, killing [...] [...]

Southern decides against federal loan for Kemper coal plant

by Associated Press Published: April 3,2013

Tags: coal, electricity, energy, federal government, finance, loan, power

KEMPER COUNTY — The Southern Co. has withdrawn plans to seek a federal loan guarantee for the power plant its subsidiary Mississippi Power Co. is building in Kemper County. A spokesman for Atlanta-based Southern says Mississippi Power can borrow money elsewhere at a lower rate than available under the loan from the U.S. Department of [...] [...]

Deadline approaching for drought-related aid from SBA

NORTH MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that April 29 is the filing deadline for federal economic injury disaster loans available in Benton, Calhoun, Lafayette, Marshall, Panola, Pontotoc, Tate, Tippah, Union and Yalobusha counties [...] [...]

Emergency loan deadline nearing for victims of Feb. 10 storm

SOUTH MISSISSIPPI — The U.S. Small Business Administration is reminding eligible private non-profit (PNP) organizations in Mississippi of the April 22 deadline to submit disaster loan applications for damages caused by severe storms, tornadoes and flooding that began Feb. 10. The SBA offers low interest disaster loans to private non-profit organizations for physical losses up [...] [...]

Deadlines approaching for disaster recovery assistance

ACROSS MISSISSIPPI — The U. S. Small Business Administration reports it has approved over $1 million in Disaster Assistance Loans for residents and businesses in South Mississippi affected by the severe storms, tornadoes and flooding Feb. 10-22. The deadline to file an SBA disaster loan application for physical damage is April 15. “Currently 15 disaster [...] [...]

Deadline approaching for SBA disaster recovery assistance

MISSISSIPPI DELTA — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that April 8 is the filing deadline for federal economic injury disaster loans available in Mississippi as a result of the drought that began on July 31, [...] [...]

Co-op refunds $12M-plus to member-borrowers

by MBJ Staff Published: March 11,2013

Tags: agriculture, bank, borrow, co-operative, farm, farmer, farming, finance, financial institution, loan, patronage

RIDGELAND — In April, member-borrowers of First South Farm Credit will receive patronage refund checks for 2012 totaling more than $12 million as part of the patronage refund program. Daniel Viator, chairman of the First South board of directors, said, “This is the 18th consecutive year we’ve paid a patronage refund. Over that period of [...] [...]

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