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SBA disaster loans may be available as soon as two weeks
The U.S. Small Business Administration’s district director estimates that federal economic injury disaster loans may become available within two weeks to a month for businesses impacted by the COVID-19 outbreak.
Small business loans could be available to those affected by coronavirus
President Donald Trump announced Wednesday that the U.S. Small Business Administration will offer low-interest loans to mitigate the financial impact of COVID-19, the new coronavirus, on small businesses.
S.C. Blockchain Conference plans to go ahead this weekend
A statewide conference about blockchain and how it could impact industry and the economy is set for this weekend at Hotel Indigo Mount Pleasant. The S.C. Blockchain Conference will feature speakers discussing how companies can prepare.
Countybank Foundation gives $150,000 to Self Regional Health Care Foundation
Countybank and Greenwood Capital Associates helped Self Regional Healthcare Foundation exceed its minimum 2020 fundraising campaign goal through a check for $150,000 announced last week.
SAFE Federal Credit Union opens new branch
The branch on Brevard Parkway in Red Bank is the credit union’s second location in Lexington County. The Sumter-based organization now has 17 branches, including Columbia and West Columbia locations.
Experts: It’s never too late to plan for retirement
Financial advisers say it’s not uncommon for clients to worry about not having done enough retirement planning later in life, but they urge taking action, no matter how late in the game.
Optus Bank rebuilding with a focus on its money’s mission
Founded in 1921 as Victory Savings Bank, the bank has a proud but rocky history. After surviving the Great Recession, the bank has increased assets and deposits and is making a profit while investing in underrepresented communities.
Broadband Infrastructure recapitalizes for growth
Broadband Infrastructure Inc., the parent company for Carolina Underground Solutions LLC and Absolute Technology LLC of Greer, is being recapitalized with a $3.5 million deal from Coastal Carolina National Bank of Greenville.
Advance America adopts new corporate name
Advance America will now operate under a new corporate identity, Purpose Financial Inc. This change reflects the company's evolution into a family of brands offering a suite of consumer credit products, according to a news release.
South State Corp. combining with Florida bank
Columbia-based South State is combining with CenterState Bank in an all-stock deal valued at $6 billion. The new organization will be headquartered in Winter Haven, Fla.
CresCom Bank employees donate to 13 local charities
Employees at the CresCom Bank branches in Greer, Taylors and Greenville raised $37,000 that was donated to 13 local non-profits and organizations in 2019.
Lima One Capital expands its downtown headquarters
Lima One Capital recently added 6,500 square feet of office space to its downtown Greenville headquarters to allow the specialty loan firm to continue growing.
