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SBA extends assistance to Upstate businesses impacted by storms
Following tornadoes and severe storms that whipped across the state in February, Spartanburg, Greenville, Laurens and Union counties have been approved by the Small Business Administration for low-interest disaster assistance.
COPING WITH COVID: CommunityWorks and Facez by Cynthia
SC Biz News is speaking with small businesses and community leaders about the impact of the new coronavirus on business and industry, and how this is changing how they operate.
Aiken launches $1 million small-business loan program
The city of Aiken has created a $1 million loan program to tide over small businesses until federal aid reaches them.
SBA district director prompts businesses to ready paycheck protection applications
The district director at the Columbia Small Business Administration office encourages small-business owners to ready Paycheck Protection Program applications before lenders' floodgates open Friday.
Paycheck Protection Program application to open Friday
The Small Business Administration released more information Tuesday on the $349 billion Paycheck Protection Program targeting small business job retention.
COPING WITH COVID: Beacon Community Bank
SC Biz News is speaking with small businesses and community leaders about the impact of the new coronavirus on business and industry, and how this is changing how they operate.
Small Business Chamber CEO calls for swift SBA loan allocation
Frank Knapp Jr., president and CEO of the S.C. Small Business Chamber of Commerce, lauded the $2 trillion U.S. Senate relief bill in a recent statement, but said it is only the first step toward recovery from COVID-19 damage.
SBA offers expedited bridge loans for small business
The U.S. Small Business Administration will offer expedited Express Bridge loans to small businesses awaiting long-term financing options.
SBDC offers guidance amid confusion on small business loans
More than half of 1,500 respondents in a recent Goldman Sachs survey expect their small business to survive three months or less under current circumstances, yet more than 67% don't know how to access emergency funding.
Bullard joins First Reliance Bank as Charleston market president
Frank Bullard is the new Charleston market president for Florence-based First Reliance Bank. He will oversee sales management and community development in the Charleston area and be responsible for strategic market expansion.
Advisers worry that some small businesses are not prepared
The executive director of the Appalachian Development Corp., has witnessed small business development in hurricane-wracked Florida but COVID-19 presents challenges unlike any he has experienced with regional natural disasters.
Countybank Foundation gives support to AIM
The Countybank Foundation donated $6,500 to aid families in need through the nonprofit Anderson Interfaith Ministries, according to a news release.
