CALIFORNIA | LOCAL
March 31, 1992 |
At Teresa Ernest's West Hills home, February's torrential rains left the back wall cracked, the master bedroom flooded and the foundation damaged as well. In Whittier, Henry Eickhoff's property was "a couple of feet under water." And at the La Crescenta house of John Gregory, "we had a landslide," which turned the hillside under the deck into a cliff, the 72-year-old retiree recalled.
August 22, 2010 |
The Small Business Administration offers a variety of assistance, including online workshops, seminars and classes. The agency also has step-by-step instructions for starting a business, including tips on market research and creating a business plan. The main national website has links to local SBA district offices throughout the country. Try them at http://www.sba.gov . Click on the tab labeled Small Business Planner for tips on what you may need to know before you start.
March 27, 2014 |
WASHINGTON - The Senate confirmed Maria Contreras-Sweet, a former California official who founded a Los Angeles community bank, to head the federal Small Business Administration. Contreras-Sweet was approved Thursday by voice vote to the Cabinet position, which helps small businesses with loans and other assistance. She takes over for Karen Mills, a former venture capitalist who stepped down as the agency's administrator last year. President Obama said Contreras-Sweet "understands what it means to start a small business" and has "a proven track record of helping other small businesses succeed.
April 17, 1994 |
The government's flagship program for minority entrepreneurs awarded $19 billion in contracts over the last six years, with the lion's share going to firms whose headquarters were located in primarily white, well-to-do neighborhoods. An Associated Press computer analysis of "minority set-aside" contracts handled by the Small Business Administration found that just 22% of the project dollars went to companies located in minority areas.
CALIFORNIA | LOCAL
September 19, 1992 |
As a boy growing up in Los Angeles 30 years ago, Oscar Wright was deeply affected by the changing nature of his South-Central neighborhood. Once a thriving community that supported small, family-owned businesses, the area began to decline as poverty, crime and drugs gained a foothold. Today, many of the stores that Wright and his family patronized are boarded up, defaced with graffiti and the unsubtle artwork of gang members.
January 3, 1995 |
As a special agent with the U.S. government, Terri Price has been trained to operate high-tech surveillance equipment, to sweep crime scenes for the most delicate clues, and to fire a 9-millimeter Beretta handgun with deadly accuracy. But Price's investigations only occasionally require surveillance, rarely involve crime scenes and never end in shootouts.
November 5, 1996 |
As part of a drive to boost its presence in the small-business market, Glendale Federal Bank said Monday that it will pay $63 million to buy TransWorld Bancorp of Sherman Oaks, which specializes in Small Business Administration loans. Glendale Federal will pay $18.25 per share for TransWorld's stock, which climbed $1.625 per share on news of the deal Monday to close at $17.375 on Nasdaq.
October 15, 2010 |
More accustomed to allocating money by the million, the federal government is stepping up efforts to make loans as small as a few hundred dollars to some of the nation's tiniest companies. The goal is to create jobs, one little loan at a time. "In this environment, every job is crucial," said Eric Zarnikow, who helps run the Small Business Administration's loan programs. For every loan, he says, 11/2 jobs are created or retained. In Southern California, these so-called microloans will help a San Fernando Valley dental laboratory hire an assistant to make crowns and bridges and will enable an Orange County woman to sell gourmet ice cream sandwiches from a used food truck.
October 4, 2010 |
After months of frustration and delays, small-business owners in Southern California are finally getting long-awaited loans to hire new workers and expand their operations. Money for loans backed by the Small Business Administration, but held up for weeks in Congress, is on its way. Just days after President Obama signed a $30-billion-plus package of incentives for small businesses, Southland bankers, bureaucrats and borrowers are scrambling to nail down the final details and get the money flowing.