Banc of California(US:BANC) Businesswireยท2025-09-08 21:45Core Points - Steadfast LA, in collaboration with Banc of California, has initiated a Small Business Initiative to support local businesses [1] - A total of $125,000 in small business recovery grants has been distributed to three key businesses in Altadena [1] - The recipients of the grants include Webster's Community Pharmacy, Fair Oaks Burger, and Altadena Cookie Co., which will utilize the funds to recover from fire-related damages [1] Summary by Category Financial Support - The Small Business Initiative has allocated a total of $125,000 for recovery grants [1] - The grants are aimed at assisting small businesses in overcoming financial challenges due to fire-related incidents [1] Business Impact - Webster's Community Pharmacy is notable for its upcoming 100th anniversary, highlighting its long-standing service to the Altadena community [1] - Fair Oaks Burger and Altadena Cookie Co. are also significant local businesses benefiting from the recovery grants [1] Community Engagement - The initiative reflects a commitment to supporting cornerstone businesses that contribute to the local economy and community identity [1]