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WBEN Buffalo Business Report - Thursday, January 28th 2021

M&T Largest PPP Lender for 2021

The Buffalo and Erie County Industrial Land Development Corporation Board of Directors approved the sale Wednesday of 9.2 acres on the former Bethlehem Steel property to Uniland Development Company. Uniland's plan is build a manufacturing spec building that will bring private businesses and jobs to the Lackawanna site.

Through Sunday, the U.S. Small Business Administration has approved $718 million in PPP applications processed through M&T Bank, making it the largest lender so far this year.  Business First noting that the average loan size is $141,457.  77% of loans were for under $150,000.  About 15% of the applications are coming from first-time borrowers.


Millard Fillmore Suburban Hospital has earned the Go Clear Award™ Gold Level for its achievement in eliminating hazardous smoke from its surgical procedures. The Go Clear Award is presented by the Association of periOperative Registered Nurses.

Another webinar from Tronconi Segarra & Associates is set for today at 2pm.  Targeted for business owners, it's titled, "Claiming the Employee Retention Tax Credit."  For registration details, go to tsacpa.com/blog