TUPELO — Hyperion Technology Group Inc. is graduating from the Renasant Center for IDEAs, the Tupelo/Lee County business incubator, and will expand into the former Ad Lab facility in Tupelo. The project represents a $750,000 company investment and will create 10 new jobs.
To support the expansion project, the Mississippi Development Authority (MDA) provided [...] [...]
by MBJ Staff Published: October 26,2011
Tags: banking and finance, Banks, disaster, disaster loans, disaster recovery, drought, financial institutions, heat, loans, natural disaster, severe weather, small businesses, Weather
ACROSS MISSISSIPPI — 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 Mississippi as a result of drought and excessive heat that occurred from Jan. 1 – Aug. 30, 2011. “When the [...] [...]
WASHINGTON — Proposed rules published for comment in The Federal Register by the U.S. Small Business Administration would adjust the size definition of small businesses in 52 industries in two broad categories of businesses, ranging from travel agencies and movie production to waste management. The proposed adjustments to size standards in 15 industries in Sector 51 [...] [...]
JACKSON — The U. S. Small Business Administration Mississippi District Office has set another record for federal fiscal year 2011 (Oct. 1, 2010 to Sept. 30, 2011). A total of 749 loans were approved for Mississippi small businesses totaling a record $274,032,500. Janita R. Stewart, district director of the SBA in Mississippi, said, “We also [...] [...]
WASHINGTON — Spurred in part by unprecedented loan volume in the year’s first quarter, small business loans backed by the U.S. Small Business Administration in FY2011 reached the highest mark in the agency’s history, supporting over $30 billion. SBA Administrator Karen Mills said, “Due to the Small Business Jobs Act and a return to pre-recession [...] [...]
by MBJ Staff Published: September 30,2011
Tags: banking and finance, Banks, disaster, disaster recovery, drought, financial institutions, heat, loans, natural disaster, severe weather, small businesses, Weather
NORTH MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses that Oct. 17 is the filing deadline for federal economic injury disaster loans available in the counties of DeSoto and Marshall in Mississippi. The SBA declared a disaster because of the drought and excess heat that began on June 1, 2010. The SBA’s [...] [...]
by MBJ Staff Published: September 15,2011
Tags: disaster recovery, drought, hail, heat, natural disaster, rains, severe weather, small businesses, tornadoes, Weather, winds
MISSISSIPPI DELTA — Small, non-farm businesses in six Delta counties in Mississippi are now eligible to apply for low-interest disaster loans from the U.S. Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the combined effects of hail, high winds, flooding, widespread drought and excessive heat that began April [...] [...]
MISSISSIPPI DELTA — The Delta Regional Authority and the Small Business Administration have announced a new partnership aimed at recruiting financial institutions to the Delta to help businesses in the region. Officials with the two agencies planned to announce the new agreement at an event this morning at Mid-South Community College in West Memphis, Ark. [...] [...]
by MBJ Staff Published: August 15,2011
Tags: cooperatives, disaster, disaster recovery, flooding, floods, natural disaster, nonprofits, rain, severe weather, small businesses, Weather
ACROSS MISSISSIPPI — The U.S. Small Business Administration’s federal 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 Mississippi as a result of flooding that occurred from April 15-July 1, 2011. “When the Secretary of Agriculture issues [...] [...]
by MBJ Staff Published: July 26,2011
Tags: disaster, disaster reovery, drought, federal government, heat, loans, natural disaster, severe weather, small businesses, Weather
ACROSS MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses that Aug. 17 is the filing deadline for federal economic injury disaster loans available in Mississippi because of drought and excessive heat that began March 1. These loans are available in Clark, George, Greene, Itawamba, Jackson, Kemper, Lauderdale, Lowndes, Monroe, Noxubee, Tishomingo and [...] [...]