Some interesting nuggets came from the Gilmore Bank Mixer held at their branch location at the Grove/Farmer’s Market in Los Angeles.  Number one, for those of you who don’t know, Gilmore banks owns the Real Estate that the Grove is developed upon.  It is on a long term land lease to Rick Caruso’s company.  Number two, Jim Roby and Cyrus Greene, both Gilmore associates involved in commercial lending, noted that of the applicants that they are reviewing for SBA loans, they have noticed an increase in 2010 revenues and profits over 2009 figures.  Of course, this doesn’t mean all companies are experiencing a better 2010 over 2009, just that struggling companies may not bother to even apply for a virtually guaranteed no.  Here is the one nugget to really take … Read entire article »