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Garufis: Bankers want to fund small business loans

By   /  Friday, April 17th, 2020  /  Banking & Finance, Banking Industry, Latest news, Small Business, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Garufis: Bankers want to fund small business loans

By Janet Garufis Last week, Henry Dubroff stepped out of his usual pundit role to share his impression of the Paycheck Protection Program rollout. I echo his sentiments and agree that it has been “a nightmare for many small business owners.” It has also been a challenging experience for many of your local bankers. I Read More →

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More questions than answers as PPP runs out of loan funds

By   /  Friday, April 17th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Law, Small Business, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on More questions than answers as PPP runs out of loan funds

Questions remain as the Small Business Administration ran out of funding for the Payroll Protection Program on April 16. The fund started with $349 billion, which was quickly loaned out to businesses across the nation — but not to everyone at the same time. Independent contractors and self-employed people were able to apply for the Read More →

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Chien: Now might be time for a small business loan

By   /  Friday, April 10th, 2020  /  Banking & Finance, Banking Industry, Education, Latest news, Law, Small Business  /  Comments Off on Chien: Now might be time for a small business loan

By Chia-Li Chien Many states, including California, identified a list of critical sectors to remain operational during the COVID-19 crisis. The rest of us need to work from home or close our businesses until further notice. The stock market reacts to the uncertainty in this public health crisis volatilely. The ripple effect causes the federal Read More →

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Banks struggling with PPP loans for tri-county small businesses

By   /  Friday, April 10th, 2020  /  Banking & Finance, Banking Industry, Law, left, Small Business, Tri-County Economy, Wine & Viticulture, Women Inc.  /  Comments Off on Banks struggling with PPP loans for tri-county small businesses

Last-minute rules changes and a messy rollout mean small businesses and nonprofits will have to wait a little longer to get the help they’ve been promised under the CARES Act. The $349 billion Payroll Protection Program, a key part of the act, went live on April 3, but few banks were in a place where Read More →

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Dubroff: When it comes to the PPP, we’re not in it together

By   /  Friday, April 10th, 2020  /  Banking & Finance, Banking Industry, Columns, Latest news, Small Business, Tri-County Economy  /  Comments Off on Dubroff: When it comes to the PPP, we’re not in it together

Henry Dubroff

This does not feel like a team effort. I’m stepping out of my role as pundit this week and putting on my hat as a small business owner. And I am here to state that the rollout of the Paycheck Protection Program has been a nightmare for many small business owners. Every day I get Read More →

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Tri-county experts weigh in on CARES Act

By   /  Friday, April 3rd, 2020  /  Banking & Finance, Banking Industry, Biotech, Central Coast Health Watch, Latest news, Law, 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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