loans

Burgum 41620
Coronavirus, Coronavirus-ND, Local News, North Dakota News

North Dakota Smart Restart Will Happen If Numbers Remain Low

The state is reporting 28 new coronavirus cases, its highest daily total
TJ Nelson,

BISMARCK, N.D. — Gov. Doug Burgum says North Dakota Smart Restart will only happen if testing numbers remain low. The state currently has the 2nd lowest total positive rate in the U.S. at 3.4%. He says equipment has been added allowing more testing and says there are plenty of supplies for people to get tested. “The steps we have taken…

Commerce
Business, Coronavirus, Coronavirus-ND, Local News, North Dakota News

North Dakota Leaders Discuss Emergency Business Financing

As coronavirus cases continue to rise, small business owners continue to take a hit
Raya Quttaineh,

FARGO, N.D. — From complete closures to adjusting distribution methods, small business owners in North Dakota have had to deal with a new way of life. “There is 73,000 small businesses in North Dakota. There’s 30 million small businesses across the country. All of them have been impacted by this coronavirus,” says Small Business Administration District Director Al Haut. As…
Agriculture, Local News, Minnesota News, North Dakota News

USDA to Temporarily Reopen FSA Offices during Government Shutdown

Offices across the country will be open Thursday, Friday, and the following Tuesday
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FARGO, N.D. — For some producers, financial support from the Farm Service Agency (FSA) is essential towards keeping their farms afloat. “They need those funds if they’re going to farm this next year and if you’re delaying processing of loans all the way into May or June or July, creditors are sitting on the sidelines maybe not wanting to take a…
Business, Local News, North Dakota News

Gate City Bank Lends Support for Government Employees During Shutdown

The bank is offering zero-interest loans for the duration of the shutdown
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FARGO, N.D. — Gate City Bank is providing financial support for several government employees affected by the shutdown. They are offering a BetterLife Personal Loan, which has zero percent interest and covers the duration of the shutdown. The bank is also helping customers extend loan payments and provide financial piece of mind to those government employees missing a paycheck. They say…
Local News, News Landing Page, North Dakota News

Bill Would Allows Loans Out Of Legacy Fund For Roads And Bridges

Two Republican Minot Lawmakers Proposed The Legislation
TJ Nelson,

BISMARCK, N.D. — Part of North Dakota’s oil tax savings account could be used to make low-interest loans to communities facing big and expensive infrastructure projects. Backers of the Republican drafted legislation want to use up to 15 percent of the Legacy Fund’s principal every two years for projects such as flood protection and water systems. Two Minot lawmakers are…
Business, Community, Local News, News Landing Page, The Buzz

Need a Gift for Your Millennial? Think Student Loan Payment

The average monthly payment comes out to be about $350
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  NATIONAL — Are you wondering what to get the millennial in your life for Christmas? Consider picking up the tab of one of their student loan payments. A new survey by the Student Loan Report states nearly 70 percent of borrowers want a loan payment this holiday season instead of that high-tech gadget or gift card. In another survey,…
Business, Community, Local News, News Landing Page, North Dakota News

Bank of North Dakota Selling Federal Student Loans to Texas Company

After that, the bank continued to service the federal loans it already had issued
TJ Nelson,

  NORTH DAKOTA — The state-owned Bank of North Dakota is getting out of the federal student loan business. The bank had been making federally guaranteed student loans for nearly half a century when the U.S. Department of Education took over the program in 2010. After that, the bank continued to service the federal loans it already had issued. The…
Business, Community, Crime, Local News, News Landing Page, North Dakota News, Politics / Elections

Dakota Access Pipeline Makes $15 Million Donation to Help with Protest Costs

The state has approved $43 million in loans to cover the costs of the pipeline protests
TJ Nelson,

  BISMARCK, ND — Governor Burgum has announced a major donation by Dakota Access Pipeline to help with costs incurred during the protests. The governor said the pipeline company wired $15 million to the state-owned Bank of North Dakota this afternoon to help pay down loans taken out by the Department of Emergency Services. The state has approved $43 million…
Agriculture, Business, Community, Local News, News Landing Page, North Dakota News

Bank of North Dakota Offering Low Interest Disaster Loans to Drought-Stricken Producers

The loan program is aimed at helping ranchers rebuild breeding stock and to pay for feed to sustain herd levels
TJ Nelson,

  NORTH DAKOTA — The Bank of North Dakota may be making low-interest disaster loans available to ranchers dealing with drought. Agriculture Commissioner Doug Goehring estimates that North Dakota cattle ranchers have sold off about 100,000 animals in recent months due to drought. The loan program is aimed at helping ranchers rebuild breeding stock and to pay for feed to…
Business, Community, Local News, Minnesota News, News Landing Page, Politics / Elections

Gate City Bank Providing $2 Million to Moorhead Homeowners

The Neighborhood Impact Program was previously available in 2005
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MOORHEAD, Minn. — Gate City Bank made a special presentation this morning at the monthly Coffee with the Mayor in Moorhead. The bank presented a check for $2 million dollars to Mayor Williams to fund a low–interest loan program to help Moorhead homeowners make home improvements. The Neighborhood Impact Program is designed to keep the city’s mature neighborhoods strong and…