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Blog

Tag: COVID-19

News

SBA Announces New Community Advantage Recovery Loan Program

The Small Business Administration (SBA) recently announced a new COVID-19 recovery program, the Community Advantage (CA) Recovery Loan Program, that allows eligible CA Lenders…

July 22, 2020
News

OFN Awards Second Round of Google Financing

OFN is pleased to announce the second round of Grow with Google Small Business Fund loans and Google.org-funded grants. In this round,…

July 22, 2020
Events, News

The 2020 OFN Conference is Going Virtual!

Get ready! We’re taking the 2020 OFN Conference virtual! After deep consideration, we are moving forward with an adapted Conference format this year that…

July 15, 2020
News, Voices

Wells Fargo Launches $400 Million Small Business Recovery Effort

In April 2020, Wells Fargo CEO Charlie Scharf made an industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program back…

July 9, 2020
News

OFN Awarded Grant from Newly Established Tipping Point Fund on Impact Investing

The Tipping Point Fund on Impact Investing (TPF), a donor collaborative vehicle with a mission of scaling the practice of impact investing, announced its…

July 8, 2020
News

CDFIs Outperform Other Paycheck Protection Program (PPP) Lenders

Updated July 8, 2020 August 8 is the new deadline for lenders to submit Paycheck Protection Program (PPP) applications on behalf of…

June 29, 2020
News

JPMorgan Chase Institute Releases Report on Early Impact of COVID-19 on Small Business

The JPMorgan Chase Institute has released research on the early impact of COVID-19 on small business finances—including cash balances, revenues, and expenses—during the…

June 24, 2020
News

OFN Announces First Round of Google Loans and Google.org-funded Grants

On June 17, OFN announced the first round of Grow with Google Small Business Fund loans and grants funded by Google.org. Five…

June 17, 2020
News

Pennsylvania CDFIs to Administer $225 Million in Grants to Small Businesses Impacted by COVID-19

On June 8, Pennsylvania Governor Tom Wolf announced a $225 million statewide grant program to support small businesses impacted by the COVID-19…

June 9, 2020
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