NewsOFN Awards Second Round of Google FinancingOFN 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
NewsOFN and HSBC Bank Deploy $25 Million Through CDFI Investment FundIn August 2018, OFN and HSBC Bank USA established the Good to Grow CDFI Investment Fund (G2G Fund) to expand the flow of… July 16, 2020
News, VoicesWells Fargo Launches $400 Million Small Business Recovery EffortIn 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
NewsCDFIs Outperform Other Paycheck Protection Program (PPP) LendersUpdated July 8, 2020 August 8 is the new deadline for lenders to submit Paycheck Protection Program (PPP) applications on behalf of… June 29, 2020
NewsJPMorgan Chase Institute Releases Report on Early Impact of COVID-19 on Small BusinessThe 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
NewsGoogle Announces New $50 Million Investment in CDFIs and Black CommunityOn June 17, Alphabet and Google Sr. Vice President & CFO Ruth Porat published a blog post regarding the company’s commitment to helping small businesses… June 18, 2020
NewsOFN Announces First Round of Google Loans and Google.org-funded GrantsOn 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
NewsPennsylvania CDFIs to Administer $225 Million in Grants to Small Businesses Impacted by COVID-19On 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
NewsCDFI Locator Sees 336% Increase in Traffic Amid PandemicThe CDFI Locator (Locator) is a valuable resource for finding CDFIs that can fulfill a wide range of specific needs for people and communities… June 9, 2020
