Tri-county chambers provide masks and resources for small businesses
Latest news, Restaurants, Small BusinessThe Goleta Chamber of Commerce wanted to support the city’s businesses as best it could in the middle of a pandemic. So the chamber gathered as many email addresses and phone numbers as it could get — even if the business wasn’t a part of the chamber — and worked to figure out how to Read More →
Hair: CBRE expects long recovery time for commercial real estate
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Tri-county health care providers have enough PPE for now
Health Care & Life Science, Latest newsLevels of personal protective equipment for tri-county medical providers are holding steady as all three counties are facing manageable levels of COVID-19 spread, public health officials said. None of the three counties have had to dip into their surge planning, and hospitals have started reaching out to their local communities to let them know that Read More →
PPP problems persist as tri-county banks try to make more loans
Banking & Finance, Banking Industry, Latest news, Law & Goverment, Small BusinessThe 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 →
T.O. multifamily mixed-use project gets $59M in financing
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COVID-19 taking toll on Santa Barbara County
Latest news, Restaurants, Small Business, South Coast, TourismSanta Barbara County is being hit hard by COVID-19 on multiple fronts, but as with previous disasters, recovery is possible. It’s just going to take a while, and the recovery won’t be enough to save all of the businesses that have been affected. In a webinar on April 16, experts in several fields joined Peter Read More →
Banks ramp up loans to tri-county small businesses
Banking & Finance, Banking Industry, Latest news, Small Business, Tri-County EconomyIt’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 →
