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…
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Tag: COVID-19
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…
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…
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…
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…
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…
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…
CDFI Locator Sees 336% Increase in Traffic Amid Pandemic
The CDFI Locator (Locator) is a valuable resource for finding CDFIs that can fulfill a wide range of specific needs for people and communities…
CDFIs–Bringing about a New Season in America
Yesterday, we buried George Floyd. In the tradition of the black church, mourners found the strength to sing, to praise, and to…