April 29, 2024
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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 & Goverment, 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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Discovery Ventura co-founder faces fraud, theft charges

By   /  Friday, April 17th, 2020  /  Central Coast, Latest news, Law & Goverment, Small Business, West Ventura County  /  Comments Off on Discovery Ventura co-founder faces fraud, theft charges

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COVID-19 pandemic crushes the tri-county wedding industry

By   /  Thursday, April 16th, 2020  /  Health Care & Life Science, Latest news, Small Business, Tourism, Tri-County Economy  /  Comments Off on COVID-19 pandemic crushes the tri-county wedding industry

Hundreds of weddings in the Tri-Counties have been canceled or postponed since governmental orders forbade people from gathering in groups to prevent the spread of COVID-19. The ban cratered the industry on the Central Coast, which saw weekends in half of March, all of April and now parts of May become untenable. “It’s devastating to Read More →

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Tri-county airports get federal grants as ridership plummets

By   /  Thursday, April 16th, 2020  /  Central Coast, Latest news, South Coast, Tourism, Tri-County Economy  /  Comments Off on Tri-county airports get federal grants as ridership plummets

Several tri-county airports received federal funding through the Coronavirus Aid, Relief, and Economic Security Act Airport Grant Program as they faced steep declines in ridership. Of the three largest airports, San Luis Obispo County Regional Airport received the most —$20 million. Santa Barbara Municipal Airport got $9.6 million, and Santa Maria Public Airport, which lost Read More →

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Paso Robles distilleries donate sanitizer to SLO County

By   /  Monday, April 13th, 2020  /  Central Coast, Health Care & Life Science, Latest news, Small Business  /  Comments Off on Paso Robles distilleries donate sanitizer to SLO County

Paso Robles craft spirits makers Krobar and Willow Creek distilleries together donated 220 gallons of sanitizer April 13 to San Luis Obispo County first responders and health care personnel.  The donation was made to the the county Office of Emergency Services, which plans to distribute the sanitizer to emergency response personnel and frontline health care workers.  Read More →

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T.O. office building buyer plans to convert it to medical campus

By   /  Friday, April 10th, 2020  /  Columns, Latest news, Real Estate  /  Comments Off on T.O. office building buyer plans to convert it to medical campus

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Steinfeld and Werth: Cannabis businesses are essential

By   /  Friday, April 10th, 2020  /  Agribusiness, Central Coast, Health Care & Life Science, Latest news, Op/Eds, Opinion, Small Business, South Coast, Tri-County Economy  /  Comments Off on Steinfeld and Werth: Cannabis businesses are essential

By Amy Steinfeld and Alina Werth As a result of Gov. Gavin Newsom’s stay-at-home executive order, all but “essential” businesses have closed to slow the spread of the novel coronavirus. Cannabis dispensaries are one of a few retail operations deemed essential, along with pharmacies and grocery stores. And it’s not just dispensaries that have been Read More →