Displaying items by tag: loan

WASHINGTON — To assist Farm Storage Facility Loan borrowers experiencing financial hardship from the pandemic and other challenges in production agriculture, USDA’s Farm Service Agency is offering a one-time annual installment payment deferral option. No fees or prepayment penalties apply for borrowers who choose this FSFL loan flexibility option.

Published in Local News

RALEIGH —The NC COVID-19 Rapid Recovery Loan Program, which launched in late March to support small business owners and family farms in the wake of the pandemic, has amended operations to better respond to the ongoing challenges facing North Carolina businesses. 

Published in Local News

RALEIGH — The Appalachian Regional Commission and Dogwood Health Trust recently announced funding to support the NC COVID-19 Rapid Recovery Loan Program, the bridge loan program designed to help North Carolina small business owners and family farms grapple with, and recover from, the economic impact of the coronavirus pandemic. 

Published in Local News

MONROE — On May 1, 2020, President Donald Trump declared a major disaster in the State of South Carolina based on damages and losses caused by severe storms, tornadoes, and straight-line winds that occurred April 12-13, 2020.  

Published in Local News

ROCKINGHAM ― Mayor Steve Morris had a bit of paperwork to sign following a special meeting Thursday evening after the City Council approved a resolution to accept the conditions set forth by the USDA on a permanent financing loan for the Richmond Community College downtown campus.

The vote was unanimous with Councilman John Hutchinson giving his “aye” over the phone.

Larry Sampson, a loan specialist with the USDA, rapidly went over the conditions for the $6.75 million loan which the city will have to pay back over a 25-year period at 3.875 percent interest. Sampson said if interest rates decrease during the span of the loan, then the rate will also. However, the loan rate is locked at 3.875 percent and will not go any higher.

Published in Local News

Hoptoberfest, Raffle at the Ro…

ROCKINGHAM — Eighteen Tar Heel breweries are on tap to pour their product Saturday for Hoptoberfest. Read more

UNCP adjunct nursing professor…

PEMBROKE — UNC Pembroke Clinical Assistant Professor Jermecka Hamilton Covington has been named the 2021 Rookie of The Year by the North Carolina Nurses Association.   Read more

NCDHHS awarded $9M from CDC to…

RALEIGH — North Carolina’s Community Health Worker Initiative will expand as part of the CDC’s National Center for Chronic Disease Prevention and Health Promotion's Community Health Workers for COVID Response... Read more

OPINION: Inflation is killing …

Last week, Ned Davis Research published a note titled “Turns Out, Growth Looks like It Was Transitory—Inflation Is More Sticky.” There are many factors that show us that consumers and... Read more

East Rockingham Fire Departmen…

EAST ROCKINGHAM — The Sandhill Boys spent Tuesday morning prepping pork for the East Rockingham Fire Department’s annual barbecue plate sale. Read more

UNCP to host Pembroke Day on T…

PEMBROKE — Pembroke Day, one of the longest-running traditions at UNC Pembroke, will continue on Thursday, Sept. 30.  Read more

OPINION: 'Language' arguments …

When debating immigration policy with people who have deluded themselves into believing that it's any of their business where other people choose to live or work, I run into a... Read more

Cancel culture at UNCW drives …

WILMINGTON — Describing a culture of silencing conservative voices at UNCW, one trustee was driven to quit last week with an openly critical post of Seahawk nation on Facebook. Former... Read more

Cooper vetoes bill blocking AG…

RALEIGH — Gov. Roy Cooper has vetoed a bill designed to block the state attorney general from entering collusive lawsuit settlements. It's Cooper's 11th veto this year and No. 64... Read more

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