| Patriot Express Loan program is off to a hot start, SBA says
Just five months after launching a loan program to benefit the military community and veterans, officials with the U.S. Small Business Administration (SBA) say the numbers look good. More than 500 small business loans have been awarded to date through the SBA's Patriot Express Loan Initiative nationwide. According to the San Antonio office of the SBA, 14 loans were awarded locally since the program's inception -- totaling $1.428 million. The average loan amount, according to Linda Olinick, spokeswoman with the local SBA office, was $102,050. Correction:An earlier version of this story contained incorrect information regarding the percentage rates on Patriot Express loans. .
McKinney Sentenced in Forde Death
An Irondequoit woman found guilty of leaving the scene of a fatal hit and run was sentenced to 2 1/3 to 7 years in prison. That's the maximum Vanessa McKinney could have received. She struck Rochester social worker Bertina Forde with her SUV on St. Paul Street in November of last year. She then drove away. Forde later died from her injuries. McKinney turned herself into police two months later. A jury found her guilty of leaving the scene earlier this month. cc/sjf
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Ahold scrutinized for added sale
With its sale of Tops Markets LLC just a few weeks away from completion, it is being reported that Royal Ahold is considering other potential acquisitions or, the Dutch company itself may be a likely merger candidate. According to Morning News Beat, a supermarket industry online newsletter, Ahold CEO John Rishton said during a press conference held this weekend that his company "will continue to look for opportunities to acquire businesses in geographical regions we operate in." Last month, Ahold announced plans to sell the Amherst-headquartered Tops, the region's largest supermarket chain, for $310 million to Morgan Stanley Private Equity Group. The sale is expected to be completed within the next few weeks. In the same report, Morning News Beat suggested that Delhaize Group, a Belgium-based international supermarket chain, "continues to be a good merger candidate." Delhaize's U.S.
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