News OFN Awards Second Round of Google Financing OFN 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
News OFN and HSBC Bank Deploy $25 Million Through CDFI Investment Fund In 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, Voices 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… July 9, 2020
News 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… June 29, 2020
News 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… June 24, 2020
News Google Announces New $50 Million Investment in CDFIs and Black Community On 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
News 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… June 17, 2020
News 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… June 9, 2020
News 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… June 9, 2020