Pre-Applications Now Accepted For New York State Forward Loan Fund

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Cropped Photo: Nick Youngson / Alpha Stock Images / CC BY-SA 3.0ALBANY – Pre-applications are now accepted for the New York Forward Loan Fund.Businesses are asked to apply on the state’s website. These working capital loans are aimed at helping small businesses, non-profits and small landlords that did not receive a loan from either the U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) or SBA Economic Injury Disaster Loans (EIDL) for COVID-19.The program targets the state’s small businesses with 20 or fewer full-time equivalent (FTE) employees, nonprofits and small landlords that have seen a loss of rental income.The working capital loans are timed to support businesses and organizations as they proceed to reopen and have upfront expenses to comply with guidelines (e.g., inventory, marketing, refitting for new social distancing guidelines) under the New York Forward Plan. Priority will be given to industries and regions that have been reopened.  This is not a first-come, first-served loan program. Applications will be reviewed on a rolling basis as regions and industries reopen.The loans are not forgivable in part or whole.  The loans will need to be paid back over a 5-year term with interest.Five Community Development Financial Institutions (CDFIs) will be processing pre-applications on June 1.The New York Forward Loan Fund is supported by Apple Bank, BNB Bank, BlackRock Charitable Fund, Citi Foundation,  Evans Bank, Ford Foundation, M&T Bank, Morgan Stanley, Ralph C. Wilson, Jr. Foundation and Wells Fargo.last_img read more

Engie fires up second Cygnus platform

first_imgImage courtesy of Engie E&PEngie E&P, a unit of the French energy giant and LNG player, has started first gas exports from the Cygnus Bravo wellhead platform in the UK’s southern North Sea.The unmanned satellite facility, second in the Cygnus development, exported first gas on August 1 to Cygnus Alpha, which itself has been at a plateau of 250 million cubic feet per day since 13th December 2016, Engie E&P said in a statement.Combined output then travels from the Alpha processing unit, 150km off the coast of Lincolnshire, via a 55km link to the Esmond Transmission System – which ultimately lands at the Bacton gas terminal in Norfolk.The overall Cygnus complex comprises four platforms and two subsea structures, serving an estimated field size of 250 square kilometres.It contributes 5% of UK gas production; sufficient to heat the equivalent of 1.5 million UK homes, according to the statement.Bravo first gas was delivered from well B5 in one of the platform’s 10 well slots, out of 20 across the whole Cygnus complex. A further three Bravo wells are expected to come online during August with a total of five available in 2018, after drilling of well B1 is completed.Engie E&P holds a 38.75% stake in the Cygnus development and is the operator. Centrica has a 48.75% stake in the development while Bayerngas holds 12.5%.last_img read more

Lebanon swept with 2nd day of protests

first_imgThe government, which includes nearlyall of Lebanon’s main parties, is struggling to implement long-delayed reformsto begin resolving the crisis. BEIRUT – Protesters across Lebanonblocked roads with burning tires on Friday for a second day of demonstrations,targeting the government over an economic crisis.  Thousands of people gathered outsidethe government headquarters in central Beirut on Thursday in Lebanon’s biggestprotest in years.     This was the second wave of nationwideprotests this month.center_img Demonstrators sit together during a protest in the city of Jounieh, Beirut, Lebanon on Oct. 18. REUTERS/IMAD CREIDI Meanwhile, the National News Agencysaid two foreign workers got choked to death from a fire that spread to abuilding near the protests.(Reuters)last_img

Edo-Osagie Emerges 2017 DOAMF Charity Golf Champion

first_imgEdo-Osage, with his win, carted away not only the much coveted winner’s trophy but also, an ArikAir business class return ticket to any international destination of his choice flown by the airline.“It is a great honour to win the event, as one of the most coveted titles at the Club, I am definitely glad to have achieved this. I give kudos to the team at DOAM Foundation for the quality of organisation and impact they are making with donations from this event.”In the ladies’ category, Funke Majekodunmi emerged the overall winner with a 68 nett score to beat Lynda Obieze, the runner–up, by four strokes. Meenakshi Kumar finished as the second runner-up. Majekodunmi, in addition to the ladies’ champion trophy, was rewarded with an Air France return ticket to any international destination of her choice flown by the airline.The event, which teed-off at 6:40 am on Saturday, February 4, 2017, featured a record 192 players in a strong show of support for the tournament.Other winners at the event included, Tim Ayomike who shot 78 to pick the best gross prize, beating Lanre Tanimowo and Uwem Udoh who finished in second and third places respectively. Sunday Areola scored 69 nett to win the veteran category and to beat Sebastian Owuama, who was the runner-up in that category. Ayomike was also, rewarded with a KLM return ticket to any international destination of his choice flown by the airline.Candy Agu and Taddy Dance were the ladies’ best gross players at the event, with Agu’s 89 gross score winning ahead of Dance’s 91. All winners went home with an array of prizes in addition to the high quality trophies.Coordinator, Organising Committee of DOAMF Charity Golf, Pat Bassey, said the event has grown to become the biggest show of support for the less privileged by the Nigerian golfing community.“The DOAM Foundation extended its reach in touching lives in 2016 through awards of scholarship, building of sickbays and partnering other health institutions in remote locations across the country.Proceeds from this year’s event will further empower the Foundation in its mission of touching lives. It was particularly touching for all present at the cocktail event to see two beneficiaries of the Foundation’s scholarship scheme, Miss Joy Adindu – BSc (First Class Honours) in Applied Microbiology/Brewing – and Mr Chigaemezu Edoziem – BSc Honours in Statistics, who came to show their appreciation to the Nigerian golfing community” he said.This year’s event was generously supported by PricewaterhouseCoopers, Diamond Bank Plc, ARM Pension Managers, Radial Circle Group, Zenith Bank, Air France-KLM, ExxonMobil Producing, Arik Air, SEPLAT Petroleum, Channels Television, Silverbird Television, Grand OAK, Cappa & D’Alberto, SPAR (Park N’ Shop), Southern Sun, Debonair Group, Mixta Africa, Heritage Bank, Four Points by Sheraton, Seven Up Bottling, Victoria Crown Plaza, Ikoyi Club 1938, and many more.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Iwinosa Edo-Osagie emerged the overall winner of the 2017 Daniel Ogechi Memorial Foundation Golf Tournament concluded last weekend at the Golf Section of Ikoyi Club 1938 in Lagos.Edo-Osagie, an 18-handicapper, returned a 69 nett score at the one-day tournament to beat the rest of the field on a day of scintillating golfing experience. Tokunboh Adebesin finished two strokes behind him to pick the runner-up spot. Kunle Ball, who also finished two strokes behind, was the second runner-up on count-back.last_img read more

Kane signs new deal with Tottenham

first_imgLeicester are the first Premier League club to complete a deal – they’ve signed defender Robert Huth on loan from Stoke until the end of the season. The 21-year old already has 20 goals in all competitions to his name this season. It’s been a quiet transfer deadline day so far, although Andre Schurrle has agreed terms with Bundesliga side, Wolfsburg. He’s set to leave Chelsea, to make room for the incoming Fiorentina winger, Juan Cuadrado – however neither deal has been confirmed. last_img