Business Briefs – 1/6/2006

Filed under: Business Briefs |

New postage rates take effect Jan. 8

The Board of Governors of the U.S. Postal Service has approved an increase of most postal rates and fees by about 5.4 percent. The increases are needed to fulfill the requirements of a law passed in 2003 that requires the Postal Service to establish a $3.1 billion escrow account.

The cost of a first-class stamp will increase from 37 cent to 39 cents on Jan. 8. The postcard rate will increase by one cent to 24 cents.

The cost of sending priority mail (one pound) is increasing from $3.85 to $4.05. Express mail (half pound) will cost $14.40, up from $13.65.

For information about all the new rates and fees, visit usps.com.

Library district seeking papers for Pike symposium

The Pikes Peak Library District is seeking papers for a symposium highlighting the life of Zebulon Montgomery Pike.

“Spare No Pains, Zebulon Pike and His 1806-1807 Expedition, A Bicentennial Symposium” will be held June 3. The deadline to submit papers for consideration is Feb. 1.

Send proposals to Chris Nicholl, Symposium co-chair, Pikes Peak Library District, P.O. Box 1579, Colorado Springs, CO 80901.

For more information, e-mail cnicholl@ppld.org.

KKCS promotions win production awards

Station 104.5 KKCS has earned two awards for outstanding promotion by the Southern Colorado Organization of Radio. KKCS won gold and silver awards for its promotion of the Country Cares St. Jude Kids radiothon, which was held in October.

During its seven years of participating in the program, the KKCS promotion has raised more than $500,000 for St. Jude’s Children’s Research Hospital in Memphis, Tenn.

KKCS previously earned a silver American Advertising Award for the radiothon promotion.

Library district seeking submissions for displays

The Pikes Peak Library District is seeking displays for 2006.

Requests will be accepted from individuals and organizations for display at Penrose Library, 20 N. Cascade Ave., or East Library, 5550 N. Union Blvd.

To reserve a display case, e-mail cgenato@ppld.org or call 531-6333, ext. 2038.

Hurricane loans surpass $1.5 billion

More than $1.56 billion in Small Business Administration disaster assistance loans have been approved for almost 23,000 residents and business owners affected by Hurricane Katrina, according to the SBA.

The agency said that approvals averaged about $37 million a day in December.

The SBA has taken a number of steps to accelerate loan processing and expand capacity. They include:

  • Hiring and training nearly 3,100 employees
  • Doubling the size of the loan processing center and quadrupling the size of the call center
  • Streamlining documentation for all business loans
  • Simplifying approvals and processes for business loans under $100,000
  • Expediting approvals with credit scoring