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NW Kan. restaurants, hotels among those receiving state aid

KDC TOPEKA – Within 48 hours of Gov. Laura Kelly announcing the establishment of the Hospitality Industry Relief Emergency (HIRE) Fund, all $5 million allocated for the loan program have been awarded. “The hospitality industry in Kansas was one of the first to be hit financially by the COVID-19 crisis,” …

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FB Roundup: Dyson, Melia Hotels, AB InBev

James Dyson says “race is on” to make 10,000 coronavirus ventilators Sir James Dyson, the UK billionaire entrepreneur who made his fortune by inventing a cyclonic vacuum cleaner, has been commissioned by the UK government to make 10,000 critical ventilating machines for the country’s health service in the fight against …

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Texas small business gets a lifeline: Up to $10 million with no collateral and loan forgiveness

<p class="body-text-paragraph”>Here’s a hopeful development in the fight against the coronavirus: Washington is throwing a lifeline to small businesses, which account for over 4.7 million jobs in Texas — almost half the total private workforce. <p class="body-text-paragraph”>Nationwide, small businesses are slated to get about $350 billion from the massive relief …

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Broadwest developer lands $278.9M loan

Bank OZK has provided a loan of $278.9 million to the developer of the Broadwest project under construction in Midtown, Nashville Business Journal reports. Huntsville, Alabama-based Propst Development is undertaking the project, which will include a 21-story office tower (pictured), 42,000 square feet of retail and a 34-story skyscraper with …

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