Banking & Finance

Three public companies in Central Massachusetts have disclosed they received a combined $8.4 million in federal loans for the program intended to bailout small businesses.

In an interview for the WBJ Podcast, bankHometown President and CEO Robert Morton said the Oxford-based bank already had 250 loans totaling about $15 million lined up for when the second round of Paycheck Protection Program.

As the second round of Paycheck Protection Program funding is starting to be dispersed, bankHometown has 250 loans totaling about $15 million from customers who missed out on the first round.

Companies like Nashoba Valley Medical Center, Worcester Fitness, Worcester Art Museum and Tegra Medical had recent hires and promotions.

The necessity of staying far apart from others has become clear to restaurateurs that habits will likely change long after dine-in eating returns.

With a pandemic affecting those clients who may be more susceptible to coronavirus and everyone else, community health centers – like their acute-care hospital siblings – have been thrown into disarray.

The federal government will begin accepting applications again to the Payroll Protection Program on Monday morning, about a week and a half after the program was halted because it ran out of money.

The City of Worcester's tax structure, which doesn't rely on income or sales tax to support the municipal budget, should shield it from the worst fiscal effects from the coronavirus pandemic, according to a study by the Brookings Institution.

DraftKings, the Boston-based fantasy sports and betting platform, will be traded on the Nasdaq starting Friday under the ticker symbol DKNG, the company said upon the completion of a three-firm deal agreed to late last year.

Nearly one-fifth of homeowners and more than one-third of renters in New England are at risk of not being able to pay their monthly rent or mortgage, according to new research from the Federal Reserve Bank of Boston's New England Public Policy Center.