Sentences with phrase «guaranteed loans totaling»

Singh, 59, of Laurel Hollow, who testified in the trial's first four weeks, pleaded guilty to providing Mangano and former Oyster Bay Town Supervisor John Venditto with bribes in exchange for county contracts totaling hundreds of thousands of dollars and town - guaranteed loans totaling about $ 20 million.
Singh, 59, of Laurel Hollow, pleaded guilty to bribing Edward Mangano and Venditto in exchange for county contracts totaling hundreds of thousands of dollars and town - guaranteed loans totaling more than $ 20 million.

Not exact matches

The incentive program — consisting of a 90 percent government guarantee on the SBA's flagship 7 (a) loans for start - ups and small businesses, as well as a trim or total cut of the fees on 7 (a) and 504 loans — was set to expire February 28.
Due to sequestration, the forced federal budget cuts that took effect Friday, the SBA is expected to lose the ability to guarantee 1,928 fewer loans totaling $ 902 million in capital in the hands of entrepreneurs.
The total financing cost, or Annual Percentage Rate (APR), for these loans will include associated fees: referral fees, packaging and guarantee fees, and estimated closing costs.
The U.S. government wants to help, and on Thursday, announced loan guarantee commitments totaling $ 571 million for cellulosic ethanol startup Coskata, waste - to - energy company Enerkem and Diamond Green Diesel, a joint venture from oil giant Valero and Darling International.
The guarantee fee is based on the loan's repayment terms and the dollar amount guaranteed, not the total value of the loan.
As of two or three years ago, the federal government had outstanding the astronomical sum of $ 6 billion in direct loans and another $ 167 billion in loans it had guaranteed, or a total of $ 223 billion.
According to the data presented by the Soviet Government at the 1922 Genoa Conference, the total external national debt of Russia (state and government - guaranteed loans) had amounted by the year 1914 to 6.3 billion golden roubles (at the pre-war exchange rate of the Rouble when it equalled 0.5 USD or 2.16 German RM).
Singh has testified that he provided perks to the officials, including free meals, free vacations for Mangano, free limousine services for Venditto and a no - show job that paid a total $ 450,000 for Mangano's wife, Linda, in exchange for county contracts and the town - guaranteed loans.
Town - guaranteed loans, which would come to total more than $ 20 million over the years, are at the heart of prosecutors» alleged bribery case against Mangano and Venditto.
In one scheme, according to the indictment, the restaurateur allegedly paid bribes and kickbacks to Ed Mangano and Venditto in exchange tor their assistance in obtaining the Town of Oyster Bar's guarantee of four loans totaling roughly $ 20 million to two of Singh's businesses.
Loans to Singh indirectly guaranteed by Oyster Bay and totaling more than $ 20 million over the years are at the center of prosecutors» case against Mangano and Venditto.
Singh, 59, of Laurel Hollow, pleaded guilty to bribing Mangano and Venditto with perks — including free vacations for Mangano; a no - show job for Mangano's wife, Linda, with pay totaling $ 450,000; and free limousine services for Venditto — in exchange for the town - guaranteed loans and county contracts.
Federal loan guarantees, tax credits and direct payments to solar developers totaled $ 2.5 billion last year, more than four times the figure in 2009, according to analysis by Book at ClearView Energy Partners.
This is in addition to including the total Federal awards expended for loan or loan guarantee programs in the schedule.
Note that if the total amount of the RRIF direct loan or loan guarantee is greater than $ 75 million, the applicant must provide an investment grade rating on the RRIF credit instrument from at least two Credit Rating Agencies for the DOT to incorporate such ratings into its calculation of the CRP (45 U.S.C. § 822 (f)(3)(C)-RRB-.
In the event of a total loss, Guaranteed Auto Protection can waive or cancel the remaining balance of your vehicle loan after the payment from your insurance company.
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Guaranteed Asset Protection (GAP) with Auto Advantage covers the difference between the cash value of your vehicle at the time of theft or total loss and what you actually owe on your loan.
To put that growth into perspective, the VA guaranteed more loans to buy homes last year (322,120) than it did total loans — whether they be purchase loans or refinances — in fiscal year 2010 (314,011).
GAP Insurance guarantees that your car loan does not become a financial burden if your car is totaled in a car crash or is stolen.
By speaking with a Veterans United loan specialist, you're guaranteed total transparency when it comes to your interest rate.
Due to a congressional mandate, the FHA is required to maintain capital reserves equal to 2 % of its total loan guarantees.
The total of agricultural real estate loans to be guaranteed may not exceed $ 400,000 to an individual borrower.
This loan assists farmers with purchasing or restructuring agricultural real estate loans by providing a financial institution with a 75 percent guarantee of total loans that do not exceed $ 400,000 to an individual borrower.
Recent updates to the 3555 Handbook intended to simplify guidance for the delivery of the guaranteed loan program have caused some misperception in regards to total debt ratio calculations, specifically in the subject of student loans.
2 The adjusted total premium is the initial single premium plus any underwritten increases, less any partial surrenders and any applicable surrender charges in excess of policy gain and any loans and accrued loan interest, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value.
Guaranteed Asset Protection (GAP) with PowerBuy covers the difference between your loan balance and the amount your insurance policy would pay out if your vehicle were to be damaged beyond repair («totaled») or stolen and never recovered.
For each loan, there is also a guarantee fee that is assessed on the guarantee amount of the loan (not the total loan amount).
The VA has now guaranteed home loans for 18.7 million borrowers since 1944 with a total loan amount exceeding $ 1 trillion
In the past fiscal year alone, the government has guaranteed 300,000 VA loans totaling more than $ 38 billion.
This guarantee is usually 25 % the total amount of the loan, which limits the loan amount to a maximum of $ 417,000.
Depending on the total loan amount, the SBA can guarantee 75 % to 85 % of a loan.
Refinance or consolidate debt provided the amount of the refinance or consolidation does not exceed 20 percent of the total loan to be guaranteed
The insurance also guarantees that your total debt can never be greater that the value of your home at the time the loan is repaid.
A Typical 504 project includes: 1) a loan extended by a commercial bank with a first lien on the asset financed; 2) a second lien loan secured from a CDC with a 100 percent SBA - guaranteed debenture for up to 40 percent of the total cost; and 3) an equity investment of at least 10 percent from the borrower.
By the end of last year, the department had made eight loan guarantees totaling $ 3.9 billion and made conditional commitments for another $ 12 billion under the program, which was created by the Energy Policy Act of 2005, during the Bush administration.
Abengoa's Solana 250 MW (net) project in Arizona finalized its Loan Guarantee from the DOE, which will cover up to $ 1.45 B of the total $ 2.0 B in project cost.
A total of $ 250 million has been allocated by the province to provide loan guarantees that will enable Aboriginal communities to have an equity stake in the generation of green energy.
TATA AIA Group Total Suraksha and ICICI Pru Loan Protect Benefits also includes guaranteed surrender value and bonuses if applicable.
A GAP, or Guaranteed Asset Protection, car insurance policy covers the difference in the amount an insurance company will pay for a totaled vehicle and the amount of money that a consumer still owes on his / her car loan.
Gap coverage, also sometimes referred to as «guaranteed auto protection» is a specific type of insurance that covers the «gap» between what your insurance company will pay out for an accident or theft and the total amount you owe on your car loan.
Gap insurance — also known as guaranteed asset protection — helps you recover the difference between what you owe on your car loan or lease and the amount of compensation you'll receive from your insurance company after a total loss.
2 Guaranteed Death Benefit will terminate if there is a policy loan outstanding and the total indebtedness equals or exceeds the cash surrender value.
This is guaranteed auto protection and pays the difference of the coverage pay out and auto loan if your vehicle is totaled.
One can compare two policies based on loan availability for TATA AIA Group Total Suraksha Vs IndiaFirst Guaranteed Retirement.
For Guaranteed Income Plan, facility of loan is not available Edelweiss Tokio Life Total Secure Plus does not provide loan facility.
One can compare benefits of both policies based on aspects like availability of loan, surrender value, tax benefits, death benefits, etc. for Guaranteed Income Plan and Edelweiss Tokio Life Total Secure Plus.
One can compare benefits of both policies based on aspects like availability of loan, surrender value, tax benefits, death benefits, etc. for Edelweiss Tokio Life Total Secure Plus and Aegon Religare Guaranteed Income Advantage Insurance Plan.
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