During the COVID-19 lockdowns and mandatory shutdowns of many local businesses, Mission Valley Bank has made it top priority to assist local businesses in any way they can. “Mission Valley Bank is currently assisting businesses through outreach, and collecting data and information about just how the COVID-19 situation is impacting their business,” said Tamara Gurney, President, CEO & Director of ...

Mission Valley Bank in Santa Clarita is set to present the newest events in its Business Education Series, “Business Growth Through Challenging Times,” beginning Thursday, Oct. 15. The events, which aim to help business owners with boosting business in the midst of unprecedented challenges, are to be held over livestream and split into three parts on Oct. 15, Oct. 22, ...

During the global pandemic, COVID-19, many local businesses have had to downsize and some have had to close their doors completely. Business owners suffering closure turned to the Paycheck Protection Program, PPP,  in order to meet payroll and keep their doors open. Mission Valley Bank in Santa Clarita knew their customers were facing hardship and wanted to help. “It’s part ...

Mission Valley Bank reported a $1.2 million net income in their second quarter of 2020 amid the COVID-19 pandemic, officials said. Mission Valley Bancorp announced Thursday net income of $1.2 million, or $0.38 per diluted share, through the second quarter of 2020. This is compared to net income of $1.5 million, or $0.47 per diluted share, through the second quarter ...

Host: Daniel Epstein and Tamara Gurney from Mission Valley Bank Topic: Q and A On Loans On this special broadcast, Daniel Epstein and Tamara Gurney from Mission Valley Bank discuss what is and what isn’t covered with your PPP Loan. The show starts off by Daniel and Tamara talking about loans during this pandemic. Later in the show, Daniel and ...

As small businesses in the Santa Clarita Valley begin to receive funds from the Paycheck Protection Program authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, questions have arisen regarding what exactly this money can be spent on. https://www.youtube.com/watch?time_continue=1&v=Sm5To4t33H8&feature=emb_logo With the passage of the CARES Act last month, businesses were able to file for loans authorized by the ...

Mission Valley Bank announced Tuesday an income increase of over 16 percent in the first quarter of 2020, officials said. The net income of $816,000, or $0.25 per diluted share, for the first quarter of 2020 compared to net income of $701,000, or $0.22 per diluted share, for the first quarter of 2019, represents an increase of 16.47 percent. “While ...

Officials with Mission Valley Bank released a video Monday detailing the real costs that businesses face when they consider whether or not to take out a loan using the Paycheck Protection Program. https://www.youtube.com/watch?v=Sm5To4t33H8&feature=youtu.be&fbclid=IwAR3OmBtax7lG42xVOLs5hfpGczeld2EkRwrN9LORDv0HMdk8i7YwvxeOZa4 With the recent passage of the Coronavirus Aid, Relief and Economic Security (CARES) Act, businesses can now file for loans authorized by the Paycheck Protection Program that ...

With small businesses rushing to apply for the Paycheck Protection loan authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, officials with local banks such as Mission Valley Bank are facing a unique set of challenges. When the Paycheck Protection portion of the recently passed CARES Act went live Friday, Tamara Gurney, CEO and president of Mission Valley ...

Mission Valley Bank is offering loans for small business owners in Santa Clarita impacted by the outbreak of COVID-19, also known as the coronavirus, officials said. Under the recently passed CARES Act, Mission Valley Bank is now offering small business loans to those in Santa Clarita, covering paycheck protection. The CARES Act creates a new Paycheck Protection Program for the ...