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Second round of PPP loans headed to Tri-Counties

By   /  Monday, January 11th, 2021  /  Banking & Finance, Banking Industry, Latest news, Small Business, Tri-County Economy  /  Comments Off on Second round of PPP loans headed to Tri-Counties

Another round of the federal Paycheck Protection Program opened Jan. 11, and the region’s bankers expect the money to help a lot of small businesses that have been struggling through the pandemic and pandemic-related restrictions. “We understand the urgency and the difficulty the business community is experiencing,” said George Leis, president of Montecito Bank & Read More →

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Latest

Region’s PPP loans totaled $2.87B

By   /  Friday, December 11th, 2020  /  Central Coast, East Ventura County, Latest news, Small Business, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Region’s PPP loans totaled $2.87B

Businesses in the tri-county region received more than $2.87 billion in potentially forgivable loans through the federal Paycheck Protection Program, according to an early December release of data from the U.S. Small Business Administration.

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Our view: Public has right to know where its money goes

By   /  Tuesday, October 20th, 2020  /  Opinion  /  Comments Off on Our view: Public has right to know where its money goes

We’ll admit to feeling a bit conflicted about the dispute between the county of Ventura and the Ventura County Community Foundation over the disclosure of the names of 777 recipients of $5,000 emergency grants and another 3,000 moving through the approval process. The grants are publicly funded and the foundation, which processed and awarded the Read More →

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Region gets new SBA leadership as Parker heads to D.C.

By   /  Wednesday, September 23rd, 2020  /  Central Coast, East Ventura County, Latest news, Small Business, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Region gets new SBA leadership as Parker heads to D.C.

Victor Parker, head of the U.S. Small Business Administration’s Los Angeles District Office, is taking a new post at the agency’s headquarters in Washington, D.C. The LA District, which includes Ventura and Santa Barbara counties, is the largest in the nation in terms of dollar volume of SBA loans. During nine years as district director, Read More →

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Opinion: PPP loans provide lifeline to tri-county businesses

By   /  Tuesday, July 14th, 2020  /  Editorials, Latest news  /  Comments Off on Opinion: PPP loans provide lifeline to tri-county businesses

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