April 19, 2024
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Tri-county experts weigh in on CARES Act

By   /  Friday, April 3rd, 2020  /  Banking & Finance, Banking Industry, Health Care & Life Science, Latest news, Law & Goverment, Small Business, Tri-County Economy  /  Comments Off on 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 →

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Few tri-county lenders ready to accept CARES Act loan applications

By   /  Friday, April 3rd, 2020  /  Banking & Finance, Banking Industry, Latest news, Small Business  /  Comments Off on 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 →

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Dubroff: Loan program will stabilize America’s small businesses

By   /  Friday, April 3rd, 2020  /  Banking & Finance, Banking Industry, Columns, Latest news, Small Business  /  Comments Off on Dubroff: Loan program will stabilize America’s small businesses

Henry Dubroff

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 →

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Dentists in Tri-Counties sinking their teeth into bank loans

By   /  Friday, September 22nd, 2017  /  Banking Industry, Health Care & Life Science, Latest news  /  Comments Off on Dentists in Tri-Counties sinking their teeth into bank loans

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SBA offers loans to businesses affected by Ventura Harbor closing

By   /  Tuesday, March 1st, 2016  /  Latest news  /  Comments Off on SBA offers loans to businesses affected by Ventura Harbor closing

The Small Business Development Center at 1603 Anchors Way in Ventura will provide loan counseling to businesses affected by the recent closure of the Ventura Harbor through March 3. The U.S. Small Business Administration declared the closure a disaster, enabling it to provide assistance to businesses that experienced adverse financial impacts. Economic Injury Disaster Loans Read More →