Archive of: Lakewood

Title Issue

Lakewood bank accepts $2 million from feds

Lakewood's Northwest Commercial Bank will use the $2 million it has received from the U.S. Treasury's stimulus package to boost business loans in the area.

February 2009

Financial checkups offered by O Bee Credit Union

With so much global economic turmoil, people and businesses are looking for financial answers. Tuwmater-based O Bee Credit Union is offering a free personalized financial check-up to do just that.

February 2009

Goldmark launches biomass initiative

Commissioner of Public Lands Peter Goldmark today launched an effort to create jobs, renewable energy, and healthier forests by utilizing woody biomass in our state's forests.
"Through this biomass initiative, DNR has an opportunity to be part of the climate change solution at the same time that we are creating jobs and improving forest health," said Commissioner Goldmark. "This effort will help bring emerging technologies to the marketplace and help to establish another positive and sustainable use of our public's natural resources."

February 2009

Owners are no longer in denial about home values

American homeowners' perceptions of the value of their own homes moved more in line with reality at the end of 2008, at least when it came to hindsight. More than half believe their own home lost value during the year, according to the recent Zillow Homeowner Confidence Survey. This is markedly more than the 38 percent who believed their home's value was declining when asked during the second quarter of 2008.

February 2009

More counties added to disaster benefits roster

Workers in Grays Harbor and six other counties may now be eligible for disaster unemployment benefits if they lost their jobs or cannot work because of the storms and flooding that struck the region in January.
Residents of these counties have until March 11, to apply for the benefits. 

February 2009

State error that caused false refunds might cost businesses

Department of Labor and Industries officials say the agency has now corrected a duplicated line of computer coding that inflated the refund payments given to businesses through the state's Retrospective Rating Program.

That means businesses using the program will receive smaller refund checks beginning this month. And they might also have to pay back those refunds dating back to three years ago. The department is having state's attorney review the case, but three years is the maximum.

February 2009

Prosperity on Purpose event set for next week

The Tacoma Regional Convention & Visitor Bureau is one of six regional groups that have partnered to hold Prosperity on Purpose, a special event designed to stimulate Pierce County's business growth and market share.

"There is no better time to mobilize the community in building prosperity together," said Tammy Blount, president/CEO of the CVB. "This event offers an exciting opportunity to be proactive in generating business in 2009. Attendees can kick-start their sales and marketing strategies, create new relationships and maximize existing ones to produce win-win business deals."

February 2009

Patriot Express loans top $250 million

In just 20 months, the U.S. Small Business Administration's Patriot Express Pilot Loan Initiative has approved more than $250 million in loan guarantees to nearly 2,900 veterans and their spouses who are using the SBA-guaranteed funds to establish and expand their small businesses.

The Puget Sound SBA office has processed 79 loans with a gross amount of $7,868,100.

More than 20 percent of the loans offered around the nation have come in the first four months of fiscal year 2009, and overall loan amounts have averaged around $88,000 per loan. Some 15 percent of the loans have gone to military spouses.

February 2009

COFFEE BREAK: Stimulus responses

The Business Examiner asked readers of the BE Daily on Wednesday to voice their thoughts on the various stimulus packages that have already passed or are currently under discussion. Will they work? Are they wastes of taxpayer dollars? Are they too little, too much? Here are some of those responses:

February 2009

Weyerhaeuser posts fourth quarter loss

Weyerhaeuser Co. has reported a net loss of $1.2 billion for the fourth quarter, or $5.73 per share, on net sales from continuing operations of $1.8 billion. Last year, Weyerhaeuser reported a fourth quarter net loss of $63 million, or 30 cents per share, on net sales from continuing operations of $2.5 billion.

February 2009
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