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SCVNews.com | County Sets Deadline for the Small Business Stabilization Loan Program


The Los Angeles County Development Authority has announced that the Small Business Stabilization Loan Program will accept applications through April 16 or until it hits $20 million in funding requests, whichever occurs first.
Launched on January 28, 2021, the Small Business Stabilization Loan Program provides eligible businesses with a competitive interest rate for loans ranging from $50,000 to $3 million.
Businesses interested in applying for the Program must have been in operation for at least two years and seeking working capital, equipment purchases, real estate acquisition, or refinancing of existing loans at higher interest rates.
As of March, the LACDA has received over $14 million in funding requests. ....

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SCV News | SCV Realtor Arrested in Florida on Warrant for Nevada Sexual Assault Allegation


A prominent local Realtor was arrested this week in Florida, after he was accused of two counts of sexual assault alleged to have occurred Aug. 29 in Las Vegas.
Mike Bjorkman, 48, of Placerita Canyon, was placed in custody with respect to a fugitive warrant filed out of Clark County, Nevada, according to Bryan Lopez, a judicial assistant for Judge Teresa Pooler, who presided over a hearing Tuesday for Bjorkman.
That hearing set a March 24 date to consider Bjorkman’s extradition, Lopez said.
Las Vegas court records indicate a criminal complaint was filed on March 1 for two felony charges, alleging a violation of Nevada penal code 200.366.2b with respect to sexual assault. According to the code, if a defendant is found guilty of the charge, the punishment would be as follows: “If no substantial bodily harm to the victim results, by imprisonment in the state prison for life with the possibility of parole, with eligibility for parole beginning when a minimum of 10 ....

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