Posts Tagged ‘loans’
FLOWOOD — Investment firm Prospect Capital Corp. said Tuesday it will pay about $266 million to acquire an 80.1 percent stake in First Tower, a specialty finance company. Prospect Capital said it will pay $110.2 million in cash for the Flowood-based company, and said First Tower shareholders will get 14.5 million shares of Prospect as [...] [...]
by MBJ Staff Published: March 13,2012
Tags: banking, Banks, disaster, disaster recovery, federal agency, federal government, financial institutions, loans, natural disaster, small businesses
ACROSS MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of all sizes that April 9 is the filing deadline for federal economic injury disaster loans. These working capital loans are available in the counties of Adams, Amite, Attala, Claiborne, [...] [...]
by Associated Press Published: March 13,2012
Tags: board of supervisors, county government, disaster, disaster recovery, federal government, hurricanes, loans, natural disaster, severe weather, storm surge, supervisors, tropical weather, Weather
JACKSON COUNTY — Jackson County supervisors are hoping that by changing the way the county assessed its Hurricane Katrina financial damage, it will succeed in having its FEMA loan forgiven. FEMA offered the county up to $14 million after the storm as part of a special Community Disaster Loan. The county borrowed closer to $10 [...] [...]
by MBJ Staff Published: February 2,2012
Tags: assets, banking, Banks, deposits, earnings, finance, financial institutions, loans, publicly traded company, revenue
NATCHEZ — Britton & Koontz Capital Corporation reports net income for the year ended Dec. 31, 2011, of $394,000, or $.18 per basic and diluted share, compared to $1.9 million, or $.90 per basic and diluted share, for 2010. Net income for the quarter ended Dec. 31, 2011, was $311,000, or $.15 per basic and [...] [...]
by MBJ Staff Published: January 31,2012
Tags: banking, Banks, disaster, disaster recovery, federal government, financial institutions, hail, loans, natural disaster, rain, severe weather, small businesses, tornadoes, Weather, wind
NORTH MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses that Feb. 24 is the filing deadline for federal economic injury disaster loans available in Alcom, Benton, DeSoto, Marshall, Tippah and Tishomingo counties in Mississippi. The SBA declared a disaster because of severe storms, tornadoes, straight-line winds and flooding that began April 23, [...] [...]
by MBJ Staff Published: January 29,2012
Tags: biofuels, capital, energy, fuels, investing, investment, investors, loans, plant, REFINERY
COLUMBUS — KiOR Inc., a next-generation renewable fuels company based in Pasadena, Texas, has closed a $75 million, four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). “This follow-on investment in KiOR reaffirms the [...] [...]
JACKSON — Trustmark Corporation reports net income available to common shareholders of $106.8 million for the year ended Dec. 31, 2011, which represented diluted earnings per common share of $1.66, an increase of 5.7 percent compared to figures one year earlier. Trustmark during 2011 produced a return on average tangible common equity of 12.25 percent [...] [...]
by MBJ Staff Published: January 18,2012
Tags: banking and finance, Banks, deposits, earnings, financial institutions, income, loan losses, loans, publicly traded company, revenues
TUPELO — Renasant Corporation, for the fourth quarter of 2011, saw net income of $5.79 million, compared to $4.721 million for the fourth quarter of 2010. Basic and diluted earnings per share (EPS) were $0.23 for the fourth quarter of 2011 as compared to basic and diluted EPS of $0.19 for the fourth quarter of [...] [...]
ACROSS MISSISSIPPI — LendingTree.com has released data highlighting the average loan amount on residential real estate purchases for all 50 states and Washington D.C. for the year. Hawaii, by far, leads the nation with an average home loan amount of $677,299, followed by Washington, D.C., at $393,453, New Jersey at $344,240 and New York at [...] [...]
by MBJ Staff Published: January 12,2012
Tags: banking and finance, Banks, disaster, disaster declaration, disaster recovery, drought, financial institutions, heat, loans, natural disaster, small businesses
BENTON COUNTY and MARSHALL COUNTY — The U.S. Small Business Administration’s economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Benton and Marshall counties in Mississippi as a result of drought and excessive heat that occurred from [...] [...]
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