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Sunday, July 12, 2020
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WSFS begins to open branch lobbies

WSFS is reopening a few bank lobbies in Delaware. While appointments aren’t required at fully opened locations, taking that step could avoid waiting in line due to capacity limits. The bulk of WSFS locations remain...
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Chase opens branch on Market Street

Chase opened its newest Delaware branch on Tuesday at 840 N. Market Street, Wilmington. The Market Street location joins branches at the company's credit card headquarters near the Wilmington Train Station, the Christiana Fashion Center south...
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Nerdit Now and the reality of Business inequality in Delaware

From lack of federal relief funding to lack of contracts, here's what one popular Black-owned founder is really going through  (See Editor's Note Below).   By Holly Quinn   This article appears in a 12-part series on minority entrepreneurship...
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Delaware businesses get 4,872 loans in 2nd round of Payroll Protection Program

Delaware held its own when it came to the second round of Paycheck Protection Act loans. A report from the Small Business Administration indicated that a total of 4,872 loans with a value of more...
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Payroll Protection Program window opens

Hello everyone, The next batch of Payroll Protection Program applications is slated to move through the pipeline today. A total of $360 billion has been allocated for this phase, which comes with restrictions that  (may) keep...
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Revenue bonds for Newark Charter, Delmarva Power, Goldey-Beacom top Monday agenda for state finance...

The Delaware Council on Development Finance is expected to sign off on revenue bonds for Newark Charter School, Delmarva Power and Goldey-Beacom College at a meeting on Monday. Okaying the bonds is generally a formality....
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Coronavirus update: Emergency loans; ServPro disinfects emergency vehicles

Capital Good Fund has launched a Crisis Relief Loan product to assist Delaware families affected by the COVID-19 pandemic. The fund is based in Rhode Island but operates in Delaware “We understand that families are...
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Wilmington will offer helping hand to city businesses needing access to coronavirus assistance

Wilmington Mayor Mike Purzycki and City Economic Development Director Jeff Flynn said city  government  will help Wilmington business owners and nonprofits gain access to assistance and funding programs. Assistance is  being offered under the federal...
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Small Business Administration: Mobilization effort underway for CARES Act small business loan program

  The U.S. Small Business Administration and Treasury Department announced what was described as a mobilization  effort of banks and other lending institutions to provide small businesses with capital. The CARES Act establishes a new $349...
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State announces extension of business tax deadlines

The Delaware Division of Revenue (DOR)  confirmed  the deadline for taxpayers to file their 2019 Delaware personal income tax returns has been extended to July 15, 2020. The division and the Internal Revenue Service remain...