Recent Posts
FY 2018 SBA loans reached $800 million in NC
The U.S. Small Business Administration guaranteed over $30 billion in loans during FY 2018—in North Carolina there were 1,355 loans for over $800 million to small businesses of various types. Nationwide, in FY18 there were approximately 60,353 7(a) loans made, with a total dollar amount of $25.37 billion. The 7(a) program is SBA’s flagship program, […]
Women’s Business Expo with champagne, piano
Champagne, cars, a pianist, chocolate and interesting businesses will greet women leaders when they arrive at Business Today’s Top Women Champagne Reception and Expo at River Run Country Club Oct. 17. It’s the only business expo in North Carolina with champagne. Expo partners include the Cain Center for the Arts, Christmas Decor, Freedom Boat Club, […]
183,000 minority enterprises in NC
Oct. 15. In conjunction with Minority Enterprise Development (MED) Week, Gov. Roy Cooper has declared October 2018 as Minority Enterprise Development Month. The proclamation acknowledges the achievements of minority businesses, corporations and financial institutions that support minority businesses throughout the state. “Supporting the development of a diverse business community ensures that we have the best […]
Big increase in third-quarter net at blueharbor
Third-quarter net income at blueharbor bank rose 26 percent to $661,152, compared to $523,794 during the same quarter last year. On a per-share basis, earnings at the Moresville-based bank rose to 22 cents vs 17 cents per share. For the nine-months ended Sept. 30, blueharbor reported net income of $1.89 million, up 45 percent from […]
15 vie for Top Women Awards
Fifteen successful women will be recognized Oct. 17 at the Top Women Awards, one of the oldest and largest events honoring women in Lake Norman and Cabarrus County. This year’s Top Women finalists are a diverse group, ranging from small business owners and entrepreneurs to distillers and brewers. Business Today’s Top Women awards have a 14-year-long history of recognizing […]
Aquesta’s Wilmington branch temporarily closed because of Forence
Sept. 18. It won’t be back to normal for Aquesta employees in Wilmington for another couple of days. Although there was only minor water damage from a leak in the roof, the branch will stay closed until later this week, or possibly Monday, depending on when travel is deemed safe. The 2,000 square foot branch […]
Newsmakers Breakfast Sept. 26 on public, charter schools
The thinking behind the charter school debate—not the politics—will be the subject of a Newsmakers Breakfast Sept. 26 at The Peninsula Club. Thought leaders Karen Bentley, a former Mecklenburg County Commissioner, and Jim Fuller, a member of the Davidson Board of Commissioners, will field questions for the better part of an hour over breakfast. Davidson […]
Panic buying fuels gas shortage
SEPT. 13. By Dave Yochum. Updated Friday 11 am. You don’t build a church for Easter Sunday. That’s the analogy Tom Kloza used to describe the normally adequate gasoline supply system that provides fuel from distribution centers in Greensboro and Charlotte to thousands of gas stations in and around the Golden Crescent. Panic buying […]
New spec multi-tenant project coming to Concord
Sept. 11. Fortius Capital Partners has announced plans to build Meadows Corporate Park, a multi-tenant industrial development with 192,000 square feet of space in two buildings. The project, on I-85 near Poplar Tent Road, represents a $9.9 million investment. J. Harris Morrison III of Fortius Capital Partners says the 21.5-acre site targets industrial users requiring […]
Charlotte home prices are on the up and up, but how long?
Like the Energizer Bunny, the upward trajectory of Charlotte home prices keeps on going. Year-over-year, prices rose 5.7 percent in Charlotte from June of 2017 to June of this year. It’s slightly less than the 20-city composite average of 6.3 percent, according to Case-Shiller, the S&P Dow Jones index for home prices. Charlotte’s year-over-year came […]
