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SAN DIEGO — Small business owners across San Diego County are about to put in for their share of a 5 billion pot of forgivable federal loans.That’s because a new round of Paycheck Protection Program loans is part of the new stimulus package, to help small businesses make it through the pandemic.“Obviously, we have major restrictions on us and visits are down probably more than ever right now,” said Cat Kom, owner of Studio Sweat in Rancho Bernardo.Even moving the exercise bikes outside was a struggle for the gym. Kom got stuck in the elevator for more than an hour before fire rescue crews got her out.But she finally sees some help on the way - in the new stimulus package.“As long as they do their best and it's moral and the funding goes to the small businesses that really need it, and loopholes aren’t exploited, then that's the best that we can hope for,” she said.The first round did not go smoothly. In fact, major corporations like Shake Shack got the maximum million, and paid it back after public outcry,.This time, however, there are protections against that.Eligibility is limited to companies with up to 300 employees, down from 500 in the first round. Loans are capped at million, down from million, and companies must show revenue down 25 percent in at least one quarter - compared to the same quarter a year earlier.“Congress doesn't want a P.R. nightmare and I think they want to try to help the people that need it but not dump taxpayers money into big business that's doing just fine,” said Kelly DuFord Williams, managing partner at Slate Law Group.Small businesses have been waiting for that help for months.Once the stimulus package becomes law, small businesses can apply for the loans through their banks. 1758
SAN DIEGO — Eric Rias says he can transform someone's life in as little as twelve weeks - through proper exercise, the right diet, and good mental health.“My goal is mindset and heart first,” he says.Rias started a business called Big Mood, where he even does podcasts.One of his big challenges, however, is spreading the word.“I'm not good at most things,” Rias says. "I have my small expertise and I need people smarter than me and better than me. I don't want more people who think like me." Rias says he's made some real connections this year - possibly none more important than Michael Cox.Cox is a businessman himself, who recently started Black SD Magazine. It's an online publication that highlights African American-owned businesses throughout the San Diego region.“I just wanted you to be able to see all these beautiful faces of people doing everything from cooking - there's vegan chefs, there's jewelry makers, there's clothing designers,” Cox said.As part of the magazine launch, Cox created what's called “Catalyst Black.” It’s a three month, free entrepreneurship program to help African-American entrepreneurs grow their own companies.It started this month with three students - and will repeat each quarter.“I want them to be at their best when it comes to business,” Cox said. “A lot of people miss out on deals. They miss out on financial growth, because they're trying to figure it out."Participants learn to come up with business plans, revenue projections, and to be confident enough to stand behind the prices they charge for their services.Cox said he plans to reopen applications for the next session in September. In the future, he also would like to expand the program to beyond three participants per quarter. 1746

San Diegans who recently saw Hamilton at the Civic Theater downtown, or had any business at City Hall may have parked in the massive garage that's just steps from both buildings.The city owns that 1,140-space parking garage, called the Evan Jones Parkade - for the founder of Ace Parking.Many city workers also use it daily, since they get an employee discount. But the garage has also become a source of frustration among them - and in some cases, much worse. Numerous city employees told 10News that the elevators often breakdown, especially when it rains. That forces some of them to walk up 10 flights of stairs after a day's work - instead of waiting longer for the elevators that are working.But a notice posted on the city's website paints a much darker picture. It says the city has responded to more than 200 calls for service for the elevators in the last year, and that breakdowns have increased 20 percent in the last six months. "The elevators have now become unsafe," the notice says. "There is the increased possibility of persons being trapped in a broken-down elevator, needing immediate medical attention and not being able to get it."Additionally, the permit posted in one elevator is two years expired."I'm going to zip up there and hopefully everything wil work out fine," said Andy Jones, of Scripps Ranch, who parked on the 10th floor in a visit to City Hall. "That's a lot of stairs to climb."City spokeswoman Nicole Darling said the elevators are safe and routinely inspected. She said the notice is actually an environmental document, and was strongly worded to speed up approval for repairs.The city plans to replace the controls for all four of the building's elevators, for .8 to .2 million, but doesn't have a start date. A spokeswoman for Department of Industrial Relations says the elevator permits actually expired in September, but the city was late on requesting its permit renewal. The city sent the request last week. 2034
SAN DIEGO (CNS) - A 44-year-old man suffered a serious cut on his hand early Monday morning when he was attacked by a woman with a knife after parking his car in the City Heights area, police said.It happened shortly before 12:10 a.m. in the 4900 block of University Avenue, east of Euclid Avenue, San Diego police Officer John Buttle said.A 44-year-old man had just parked his car on University Avenue when a woman in her 20s walked up to him and said he owed her some money, Buttle said.The woman then tried to stab him in the neck, but he raised his hand and she cut the webbing of his hand, slashing an artery, the officer said.The victim was taken to a hospital for treatment of his injury, which was not believed to be life-threatening, Buttle said.The suspect was last seen walking southbound on 50th Street from University Avenue. She was described as a Hispanic woman with tattoos on her face. No detailed clothing description was immediately available. 970
SAN DIEGO — NFL quarterback Drew Brees and his wife say a San Diego jeweler lied and falsely represented the value of the jewelry sold to them.That's according to a lawsuit in which Brees and his wife are seeking million in damages and court costs from Vahid Moaradi, the founder of CJ Charles Jewlers, for fraud, a breach of an oral contract, and violations of business professions code.The lawsuit accuses Moradi of making friends with the Breeses and then using his "relationship and position to induce" Brees to rely "on his false representations as to the investment quality and market value" of numerous diamonds, a lawsuit filed in San Diego said.In the lawsuit, Brees says he has spent millions of dollars in business with Moradi, purchasing jewelry as gifts and as investments."In total, [the Brees] invested approximately million in investment quality diamonds recommended by Moradi," the suit states. "The independent appraiser determined the true market value of the diamonds ... was approximately million less than the prices the [Brees] paid."Brees also claims that Moradi "confessed he charged Plaintiffs a substantial markup," in one case charging a 550 percent markup. Brees also argues that Moradi went so far as to conceal the true quality of the diamonds using "reflective and painted settings." Moradi has fought back against the allegation. His attorney issued a statement, saying Brees has only himself to blame."Drew Brees aggressively purchased multi-million dollar pieces of jewelry. Years later, claiming to suffer ‘cash flow problems,’ he tried to bully my client into undoing the transactions," Eric George, Moradi's attorney, said. "Mr. Brees’s behavior and his belief that he was wronged because the jewelry did not appreciate in value as quickly as he hoped both demonstrate a lack of integrity and contradict basic principles of both economics and the law."He should restrict his game-playing to the football field, and refrain from bullying honest, hard-working businessmen like my client." 2128
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