Tips to maximize your employee retention credit
The coronavirus relief bill signed into law in December 2020 included an extension of the Employee Retention Credit under Section 2301 of the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act. Understanding...
Collateral call: American Dream lenders may get part of Triple Five’s other megamalls —...
The Financial Times reported the lenders behind the American Dream mall in the Meadowlands will soon be taking a 49% stake in the two other megamalls owned and operated by developer Triple Five.
The stake...
Ross-Dulan to lead advisory committee on Trenton Rescue Plan
Princeton Mercer Regional Chamber Chair Brenda Ross-Dulan will serves as the chair of the Trenton American Rescue Plan Advisory Committee, Trenton Mayor Reed Gusciora announced recently.
The committee of city officials, policy experts and community...
Unity Bank names financial sector veteran as new CFO
Unity Bank, based in Clinton, has named a veteran industry executive as its new chief financial officer, it announced recently.
George Boyan joins Unity from Bank Leumi USA, where he had been first senior vice...
DOL to allocate $1.2M in grants to military women and minorities in construction trades
The New Jersey Department of Labor & Workforce Development — in an effort to provide more opportunity for veterans, women and minorities in the construction trades — announced Friday it is making $1.2 million in...
NJDOL launches ID verification tool in effort to help reduce fraud, expedite benefits
The New Jersey Department of Labor & Workforce Development announced Friday it is launching an enhanced identity verification tool to expedite processing for legitimate Unemployment Insurance claims and further reduce fraudulent ones.
Throughout the COVID-19 pandemic, millions of legitimate unemployment claimants across...
AeroFarms, through SPAC, to be publicly traded
AeroFarms, a global leader in vertical farming, is becoming a public company.
The Newark-based company announced Friday it has entered into a merger agreement with Spring Valley Acquisition Corp., a special purpose acquisition company. Upon...
NJPRF announces how it will spend most of $20M donation from MacKenzie Scott
In celebration of its one-year anniversary, the New Jersey Pandemic Relief Fund announced Thursday $16 million in new grant funding to 139 nonprofits throughout the state.
(See the complete list here.)
The grants, inspired by philanthropist...
SBA dramatically increases maximum amount of EIDL loans, to $500,000
The U.S. Small Business Administration is dramatically increasing the maximum amount of money small businesses and nonprofit organizations can borrow through its COVID-19 Economic Injury Disaster Loan program — and the length of time...
Looking for bank loan? Here are 3 things banks are looking for from you
Banks understand that some businesses have had a tough time making a go of it during the pandemic. They will be willing to cut business owners some slack over depressed numbers.
But, ConnectOne Bank CEO...
