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Latest News

—Staff photo by  Jeanne Gustsafson

A new dawn AT SBA?

New administration, stimulus bill give loan-program administrators optimism
February 26, 2009
Jeanne Gustafson
After a number of years of reduced funding, and following a precipitous drop in loan volume last year, the U.S. Small Business Administration's Spokane District is expecting an upturn in activity under the Obama administration.The stimulus bill
Read More

AmericanWest saw losses mount in fourth quarter

Spokane-based bank lost $156 million, reduced assets by 10 percent in '08
February 26, 2009
Kim Crompton
AmericanWest Bank lost about $156 million in 2008, and saw loan volume fall but deposits tick upward slightly, while its total assets declined by 10 percent, say year-end financial documents it has filed with the Federal Deposit Insurance Corp. yet
Read More

Calendar: February 26, 2009

February 26, 2009
February 26-March 12, 2009 The Spokane Leadership Breakfast will be held on Friday, Feb. 27, from 7:30 to 9 a.m., at the Spokane Convention Center, 334 W. Spokane Falls Blvd. The Boy Scouts of America Inland Northwest Council will host
Read More

Small Business Watch: February 26, 2009

February 26, 2009
Cd'A print company hires additional staff for international job Coeur d'Alene-based Originals Inc., which does business as Digital Color Print Center, has begun work on a large fine-art reproduction job that has required the company to
Read More

In the News: February 26, 2009

February 26, 2009
Feb. 24 / Employment drops here Nonagricultural wage and salary employment in the Spokane area dropped to 212,000 in January, a decrease of 3,400 jobs from the January 2008 level, according to preliminary state figures. Preliminary put
Read More

Valley casework concern lands work at Fairchild, in Kennewick

February 26, 2009
Spokane Valley-based Inland Commercial Casework Inc. has been tapped to produce and install built-in fixtures, such as window sills and countertops, for two of five buildings being constructed at Fairchild Air Force Base, as well as for a building
Read More

Numerica's net fell in 2008, but loans grew

February 26, 2009
Jeanne Gustafson
Numerica Credit Union, of Spokane, says its net income fell by 3 percent in 2008, but its loans as of year-end were up 14.2 percent from a year earlier.Numerica's net income fell to $5.5 million in 2008, from $5.7 million in 2007. As of Dec.
Read More

Northtown Square gets two more tenants

Sport Clips, Tuxedo Gallery to take space in retail center; both plan other moves here
February 26, 2009
Jeanne Gustafson
The developers of Northtown Square say a national barber shop franchise and a local tuxedo rental chain both have agreed to lease space in the 71,000-square-foot retail center that's under construction at the former site of a Wendle Ford A of to
Read More

Blockbuster to close one store here

February 26, 2009
David Cole
Blockbuster Inc., the Dallas-based video-rental chain, says it plans to close a store on Spokane's North Side after failing to reach an agreement on a new lease with its landlord there.Randy Hargrove, the company's Dallas-based spokesman, says a
Read More

City delays hiring annexation manager

Current poor economy causes Spokane to move carefully on all hiring
February 26, 2009
David Cole
The city of Spokane has included money for a newly created annexation coordinator position in each of its past two annual budgets, but has yet to fill the job, and, given the weak economy, doesn't know when it will, its spokeswoman says."We have
Read More
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