Daily Archives: January 25, 2010

Small Business Administration Loans up in San Diego and Imperial Countys

SAN DIEGO – (Business Wire) Capital provided to San Diego and Imperial County small businesses through the SBA’s loan guaranty programs during the first quarter of 2010 surpassed the same period a year ago in both loan numbers and dollar amounts. Total loan dollars increased to $70 million from $45 million a year ago, a 56% increase. A total of 143 loans were approved during the three-month period this year, compared to 123 for the same period last year, a 16% increase in the number of loans.

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Brown Reaches $1.8 Million Settlement with Owner of 22 Midas Auto Shops

Brown Reaches $1.8 Million Settlement with Owner of 22 Midas Auto Shops Over Massive Bait-and-Switch Scheme

Oakland – Attorney General Edmund G. Brown Jr. today announced a $1.8 million settlement preventing Maurice Irving Glad, owner of 22 Midas auto shops throughout California, from owning or operating an auto repair shop in the state, after the franchisee “deceptively lured” customers with cheap brake specials and then charged hundreds of dollars for unnecessary repairs.

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