Menu
PacPremier
Magic Hour
Montecito
SoCal Gas
Loading...
You are here:  Home  >  'SBA'
Latest

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 →

Read More →
Latest

Our view: Union Bank puts money into social equity effort

By   /  Friday, June 26th, 2020  /  Banking & Finance, Banking Industry, East Ventura County, Latest news, Op/Eds, Opinion, West Ventura County  /  Comments Off on Our view: Union Bank puts money into social equity effort

There is no doubt that the killing of George Floyd and subsequent events have prompted the biggest discussion in decades about social equity and justice in America. One of the biggest debates in Corporate America today is how far the current discussion will lead. And one of the biggest problems in getting some perspective on Read More →

Read More →
Latest

Reopening will not be easy, but it can be done

By   /  Friday, May 15th, 2020  /  Central Coast Health Watch, Education, Latest news, South Coast  /  Comments Off on Reopening will not be easy, but it can be done

The pain from the COVID-19 pandemic will be here for a while, but we can learn from it. That was a theme of a UC Santa Barbara economic webinar examining the effects of COVID-19 on Santa Barbara County and what that means going forward. The May 7 webinar featured four local experts on subjects ranging Read More →

Read More →
Latest

PPP problems persist as tri-county banks try to make more loans

By   /  Friday, May 1st, 2020  /  Banking & Finance, Banking Industry, Latest news, Law, Small Business  /  Comments Off on PPP problems persist as tri-county banks try to make more loans

The Payroll Protection Program’s second round of funding started on April 27, but some of the issues from the first round are vexing Central Coast bankers and borrowers. Among technical problems, the Small Business Administration’s website has crashed, limiting the number of applications banks can process at one time. Additionally, financial regulations meant to guard Read More →

Read More →
Latest

Banks ramp up loans to tri-county small businesses

By   /  Friday, April 24th, 2020  /  Banking & Finance, Banking Industry, Latest news, Small Business, Tri-County Economy  /  Comments Off on Banks ramp up loans to tri-county small businesses

It’s not too late for tri-county small businesses to get financial aid from the government to help offset COVID-19 losses. President Donald Trump signed a $484 billion relief package bill April 24 containing the awaited second wave of Payroll Protection Program funding. The program originally had $349 billion for small businesses but ran out of Read More →

Read More →
Latest

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 →

Read More →
Latest

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 →

Read More →