April 3, 1995 |
The backbone of Orange County companies--small businesses that often rely on federally backed loans--would get a big jolt under President Clinton's proposal to reduce the overall cost of government by slashing spending $13.1 billion and eliminating nearly 5,000 jobs. One of the biggest cuts--$1.2 billion over the next five years--would come at the expense of the Small Business Administration, which guarantees repayment for 50% to 90% of any commercial loan that banks make to small companies.
May 7, 1993 |
The U.S. Small Business Administration and the Orange County Chamber of Commerce & Industry kicked off Small Business Week a few days early Thursday at a luncheon applauding nine business people.
November 25, 1998 |
It wasn't a typical blueprint for a water polo championship team, but Bell Gardens High used its quickness and strength to defeat Santa Monica, 15-9, in the Southern Section Division III boys' final at Belmont Plaza in Long Beach Tuesday. Joe Gonzalez scored five goals and Jason Sanchez and Ivan Cardenas each added four for the second-seeded Lancers (26-4), who scored the first six goals before coasting to their third section title in four years.
May 3, 1995 |
The Small Business Administration, taking the first concrete steps to streamline its operations, said Tuesday that it plans to shut down offices in Santa Ana and Ventura along with about three dozen others around the country as early as this summer. The cutbacks are part of the Clinton Administration's previously announced plan to reduce the size and cost of government by revamping the SBA and other agencies.
CALIFORNIA | LOCAL
November 16, 1993 |
Like their neighbors whose homes were destroyed by the firestorm three weeks ago, Barton Long and his wife, Peggy, will have insurance money to cover most of the rebuilding costs for their Skyline Drive house. But insurance may not cover everything, so on Monday the Longs were among the first in Laguna Beach to accept a $10,000 low-interest loan from the federal government. "For us, it's strictly a safety net," said Barton Long, a retired construction company owner. "But it is welcome."
February 15, 1989 |
Kay Lewis and her business partners were all ready to buy the historic Wagner House in Placentia and convert it into a "lovely, charming" tearoom and gift shop, when the Small Business Administration dropped a bombshell. The group was counting on a $730,000 loan to buy the graceful Georgian colonial mansion on Yorba Linda Boulevard. The loan had been approved by International City Bank in Long Beach, subject to SBA guarantee.