Money

SBA Honors 13 Lenders At Annual Awards Ceremony

NEWARK–JPMorgan Chase Bank was recognized by the U.S. Small Business Administration’s New Jersey District Office for approving the most loans to New Jersey small business owners during the agency’s fiscal year 2011 (the period from Oct. 1, 2010 through Sept. 30, 2011). The Manhattan-based lender approved 153 SBA loans for $23 million to New Jersey small business owners.

Life Insurance 101

Life insurance has no one-size-fits-all option. Singles with no dependents often need little or no coverage. But it can be an important purchase for people whose families depend on their income to cover daily living costs, mortgage repayment, college, retirement or other major expenses.