Tri-county experts weigh in on CARES Act

The $2.2 trillion Coronavirus Aid, Relief and Economic Security Act that passed March 27 set in motion several measures in attempts to financially stabilize staggering businesses affected by social distancing and sheltered-at-home consumers. To weave through the complexities of the CARES Act and the collection of economic relief programs put in place, the Business Times Read More →
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 →
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 →
Scolaro: Coronavirus forces leaders to get creative

By Sierra Scolaro When I founded Wayve with a mission to provide the world with easy access to clean water, there was no way I could predict what lay ahead. Some days you feel on top of it all, when the pieces fall into place and the path to success is a freshly-paved road lined Read More →