Joel Russell is editor of the Business Journal and is responsible for the content of the publication.
Phone: 818-316-3125 Extension: 116
Hispanic companies often begin with personal savings and family money, and access to capital persists as a barrier after the initial launch.
Hispanic companies find access to capital a challenge.
Andranik Amiryan, 42, of Sunland was sentenced last week to 41 months in federal prison for fraudulently obtaining a $650,600 Paycheck Protection Program loan, according to the Justice Department.
Hispanics represent ‘the fastest-growing segment of the small business ecosystem.’
Hispanics represent the “fastest growing segment of the small business ecosystem,” according to Stanford report.
Los Angeles County Metropolitan Transportation Authority has added the northwest San Fernando Valley to its ride-hailing service Metro Micro.
U.S. Bancorp, parent of US Bank, will acquire MUFG Union Bank for about $8 billion, the companies announced.
A partnership of Cruzan and Independencia Asset Management paid $37.4 million for a post-production facility in Burbank.
The office building that hosts the headquarters of the Valley Economic Alliance in Van Nuys has sold for $7 million, according to brokerage CBRE Group.
The Retreat, 148-unit apartment complex in Santa Clarita, has sold for $54.1 million, according to Calabasas-based brokerage Marcus & Millichap Inc., which negotiated the sale.