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Small Business

Nixon Gear’s 100th anniversary sheds light on our amazing gear manufacturing history

In its manufacturing heyday in the early 20th century, Syracuse certainly deserved the moniker, Gear City. At that time, Syracuse   ompanies such as New Process Gear, Brown-Lipe Gear, Brown-Lipe-Chapin, Durston Gear, Diefendorf Gear, and Nixon Gear, fabricated 25 million gears annually, made $50 million, and employed thousands of local citizens.  The breadth of finished products that

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SBA simplifies PPP loan-forgiveness application for borrowers of $50K or less

The U.S. Small Business Administration, in consultation with the Treasury Department, recently rolled out a simpler loan-forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.  The application, called SBA Form 3508S, requires fewer calculations and less documentation for eligible borrowers. Perhaps most importantly, borrowers that use SBA Form 3508S are exempt from

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