Category: Banking and Financial Services

The Small Business Administration’s Delaware office has guaranteed more than $100 million in loans in the first 10 months of its fiscal year, a record number. Loans were halted briefly last week as the U.S. Small Business Adminsistration reached its authorized maximum for the year, but Congress authorized an additional $5.5 billion. Loan volume in…

Wilmington, Del. — M&T Bank of Delaware and Junior Achievement of Delaware will honor Welfare Foundation President Peter C. Morrow with the Lifetime Achievement Award. The award will be presented at October’s Delaware Business Leaders Hall of Fame Reception and Induction Ceremony. Morrow is past president of the Longwood Foundation.  Under his 20-year tenure as…

RANDALL CHASE, Associated Press DOVER, Del. (AP) — Delaware lawmakers approved a $3.9 billion operating budget early Wednesday, shortly after the start of the new fiscal year, after resolving an impasse over a transportation funding bill that was the subject of partisan bickering and intense closed-door negotiations between Republicans and Democrats. Gov. Jack Markell signed…

NerdWallet, a personal financial education and consumer advocacy website, recently undertook a nationwide analysis to identify the best places in the U.S. for STEM (science, technology, engineering and math) graduates to live. The Wilmington metropolitan area ranked #28 out of the Top 100. According to the survey: • The Wilmington metro area features 74.18 STEM…