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The CARES Act: Retirement Accounts¶
(Idea Vault Blog) - The Coronavirus Aid, Relief, and Economic Security (CARES) Act, which became law on March 27, 2020 as part of the federal government’s response to the COVID-19 pandemic, may affect your retirement account in a number of specific ways. If you participate in your employer’s define…
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The CARES Act: Student Loans¶
(Idea Vault Blog) - If you or your dependents have federally owned student loans, revisions in the CARES Act can help reduce that burden temporarily.
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The CARES Act: Individual Benefits Overview¶
(Idea Vault Blog) - The Coronavirus Aid, Relief, and Economic Security (CARES) Act was designed to help Americans as they face the consequences of the COVID-19 pandemic. It includes various benefits for businesses and individuals alike. Below is a brief overview of some of the most important benefi…
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The CARES Act: What You Should Know¶
(Laurel Sykes) - As you may have heard, the President signed into law on March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). One of the provisions of the CARES Act is a temporary revision of small business loans administered by the Small Business Administration (SBA)…
Continue ReadingCARES Act Signed into Law¶
(Laurel Sykes) - American Riviera Bank remains committed to assisting our customers during this challenging time. We know you likely have questions about your existing loans with ARB, and we continue to receive questions on how to access the multitude of government loan programs being made availabl…
Continue ReadingEssential Services¶
(Laurel Sykes) - While many businesses and workers are subject to the California order to Shelter in Place, there are still many others who are deemed “essential”.
Continue ReadingSmall Business Resources¶
(Laurel Sykes) - While we discussed yesterday the impact of the Shelter in Place order on the community’s workforce, our local small businesses are also struggling.
Continue ReadingPandemic Relief¶
(Laurel Sykes) - One other bright spot in all of this is the potential for tax relief available at the state and federal, and potentially local level. While the situation remains fluid and new guidance is issued daily, as of March 21, 2020 we are aware of several new developments.
Continue ReadingA Community Coming Together¶
(Laurel Sykes) - We’re going to shift our focus this week to potential relief and resources for assistance during this challenging time. And let me start by saying this whole situation is nothing that anyone can be “expert” in. Much of what is to come in today’s entry is a commentary on how things…
Continue ReadingSmall Business Financing¶
(Renee Howard) - Navigating the loan application process can be daunting for any small business – especially the first time!
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