Community Bancorp of Santa Maria reports rising revenue and expenses
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesCommunity Bancorp of Santa Maria saw another quarter of continued growth, buoyed by federal Paycheck Protection Program loans, even as net income fell. The bank’s total income rose 4.3%, but net income fell by more than 19%, going from $2.7 million in December 2019 to $2.2 million in the same month of 2020. Net loans Read More →
Ventura’s Sespe Consulting acquired by Texas firm
Latest news, Real Estate, Small Business, Tri-County Economy, West Ventura CountySespe Consulting, a Ventura-based environmental, engineering and planning firm, has been acquired by Trinity Consultants out of Dallas, Texas. Sepse specializes in land use planning, environmental permitting and compliance and worker safety. It works in fields including mining and construction materials, oil and gas, general manufacturing, agriculture, real estate development and local government. The company Read More →
Counties scramble to keep up as state shifts vaccine strategy
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Real Estate: AppFolio headquarters sold; no office sector comeback yet
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Next round of PPP loans rolling out to region’s banks
Banking & Finance, Banking Industry, Latest news, Small BusinessMore than 1 million Paycheck Protection Program borrowers have already had their loans forgiven, to the sum of more than $100 billion, and the window to borrow more opens again soon. On Jan. 15, the U.S. Small Business Administration is reopening the PPP portal to financial institutions with less than $1 billion in assets. For Read More →