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 →
Read More →Garufis: Loans available to help businesses survive
By Janet Garufis We have all witnessed first-hand the serious and immediate impacts of the pandemic on local small businesses, our friends, neighbors and ourselves. Many workers have been furloughed or are now unemployed as non-essential businesses close and others learn to operate under restrictions that provide safe social distancing. At Montecito Bank & Trust, Read More →
Read More →Dubroff: Loan program will stabilize America’s small businesses
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 →
Read More →Tri-county coronavirus news you can use
DOCTORS FEND OFF VIRUS WITH LEMONS Limoneira, based in Santa Paula, is donating lemons for doctors and nurses in five New York City area hospitals, after Dr. Andrew Weber told the New York Post that he is using large doses of Vitamin C to help fight the COVID-19 virus. Limoneira said it is targeting the Read More →
Read More →Garufis: Reflections on leadership
By Janet Garufis This week, Pacific Coast Business Times is celebrating 20 years in business. When most newspapers are facing existential moments, the PCBT thrives, bringing the business community essential news and reporting for the Central Coast. Congratulations to Henry and Linda and the team on your success. And on March 17, Montecito Bank & Read More →
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Tri-county stocks reverse prior day’s losses, gain 9.3 percent
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Read More →Montecito Bank & Trust reports gains in 2019 but net income fell
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