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Banking & Finance: SBA Seminar Tells How to Get a Small-Business Loan | August 9, 2017

SBA Seminar Tells How to Get a Small-Business Loan

YOUNGSTOWN, Ohio – The U.S. Small Business Administration is not a lender, but its programs offer commercial lenders added assurance that borrowers will repay their loans. SBA’s loan programs were the topic of a seminar Tuesday hosted by the Ohio Small Business Development Center at Youngstown State University. The SBA doesn’t extend credit. Rather it […]

Banking & Finance: Shareholders of Farmers, Monitor Bancorp OK Merger | August 9, 2017

Shareholders of Farmers, Monitor Bancorp OK Merger

CANFIELD, Ohio – Farmers National Banc Corp. and Monitor Bancorp Inc., based in Big Prairie, Ohio, announced Tuesday that their shareholders have voted to merge their bank holding companies. The transaction is valued at approximately $7.8 million. Said Kevin J. Helmick, president and CEO of Farmers, in a prepared statement, “This transaction will serve as an […]

Banking & Finance: KeyBank Foundation Gives JumpStart $24 Million | July 31, 2017

KeyBank Foundation Gives JumpStart $24 Million

CLEVELAND — The KeyBank Foundation Monday awarded JumpStart Inc. a four-year, $24 million grant to fuel the “KeyBank Business Boost & Build Program, powered by JumpStart” in communities across Ohio and upstate New York. The initiative is designed to stimulate economic growth and workforce development by fostering small business success. The grant represents the KeyBank […]