Few tri-county lenders ready to accept CARES Act loan applications
April 3 was the first day small businesses could apply for new programs under the CARES Act, but last-minute changes meant only a few financial institutions in the Tri-Counties were able to roll out those options on opening day. Through hard work and preparation, Montecito Bank & Trust was able to accept initial applications when Read More →
Garufis: Loans available to help businesses survive
By Janet Garufis We have all witnessed first-hand the serious and immediate impacts of the pandemic on local small businesses, our friends, neighbors and ourselves. Many workers have been furloughed or are now unemployed as non-essential businesses close and others learn to operate under restrictions that provide safe social distancing. At Montecito Bank & Trust, Read More →
Tri-county firms offer products in response to COVID-19
Tri-county technologies are being deployed in the fight against the coronavirus response — but getting products in the field is not always easy. That’s put pressure on Central Coast manufacturers, including FLIR, Seek Thermal, Raytheon and Wyatt Technology to keep supply chains intact as tech firms work with skeleton crews and adopt new safety and Read More →
Dubroff: Loan program will stabilize America’s small businesses
Within the next week or so, thousands of small companies are going to be applying for loans — and possible loan forgiveness — under the Paycheck Protection Program or PPP that’s part of the $2 trillion in federal funding approved under the CARES Act. I’ve been studying the PPP since the first details began to Read More →
Tri-county stocks mixed as market climbs
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Amgen collaborating with Adaptive to create COVID-19 medicine
Thousand Oaks-based biotech giant Amgen announced April 2 that it is collaborating with Adaptive Biotechnologies to discover and develop antibodies that can be used to prevent or treat COVID-19. Amgen shares gained 4 percent to $205.88 as of 10:25 a.m and Adaptive’s stock was up 0.8 percent to $27.72. Year-to-date, Amgen’s stock is down 14 Read More →
Most tri-county stocks up as national indices dip
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