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FINANCE

bank of america | September 01, 2022

Bank of America today announced the launch of a Small Business Down Payment Grant Program to drive business growth and help create generational wealth opportunities for minority and women business owners.Launching in select markets with plans to expand in 2023, the program will extend credit to historically disadvantaged small business borrowers and provide support to make purchasing commercial real estate more affordable. "Today, many business owners of diverse...

BusinessLine | May 04, 2020

The US Small Business Administration has processed over 3.8 million loans for more than half a trillion dollars since the launch of the ‘Paycheck Protection Program’ on April 3 to deal with the economic fallout of the coronavirus outbreak, according to a joint statement by the SBA and the Treasury Department. “SBA has processed about 2.2 million loans, whose value is over $175 billion, since the start of the second round of the PPP loan processing on April 27,” the...

MANAGEMENT

SMART Global Holdings, Inc. | June 30, 2022

SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies (“Stratus”), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge. Under the terms of the agreement, SGH will pay $225 million in cash at closing and an earn-out payment of up to $50 million, based...

MARKETING AND NETWORKING

Marketing 360® | November 26, 2021

Marketing 360® and Sales Transformation Group today announced a partnership that will bring the power of the Marketing 360 technology to Sales Transformation Group's clients. This partnership will help home improvement businesses and contractors obtain and convert more leads through the Sales Transformation Group's sales system and the Marketing 360 software. "My outlook on the partnership between STG and Marketing 360 is optimistic," said Ryan Groth, CEO of ...