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Banks gear up for second round of PPP loans
Across the state, officials say the level of panic has subsided, but the need among small businesses remains. Columbia-based Optus Bank is already processing 600 applications.
Small S.C. businesses navigate changes wrought by COVID-19
State and federal funds have provided stopgap help as business owners across the state cope with a constantly changing landscape and try to chart a post-pandemic future.
Fed economist keynotes Upstate SC Alliance summit
Employment has only recovered by 50% across the nation, says Federal Reserve Economist Laura Ullrich, while at least five industries have seen overall growth throughout the past year in South Carolina.
VentureSouth invests more than $9M in Southeastern business
South Carolina's Proterra, PunchList, Sprockets and 6 AM were a few startups that benefited from a relationship with Greenville's VentureSouth last year, receiving a share of $9.2 million in investment funding.
5 businesses receive initial revolving loan funds
Sabatino Covollo started his pizza business in 2012 with a loan from the Charleston Local Development Corp. A decade later, another LDC loan is keeping his doors open again. In […]
Truist funds internet access grants in S.C.
Truist Bank's community outreach arm Truist Cares is helping bring high-speed internet to low-income or minority communities in South Carolina and beyond.
United Community Bank to move headquarters to Greenville
United Community Bank plans to invest $28.8 million in its new Greenville headquarters by 2024 as it moves its corporate office from Blairsville, Ga.
Greenville County sets capital investment record
While economic activity creaked to a halt last spring with a shutdown spurred on by the COVID-19 pandemic, 25 companies made a record $631 million in capital investment commitments in Greenville County last year.
Upstate Giving, Feb. 1
BASF team members delivered 125 meals from Kentucky Fried Chicken to employees at Prisma Health Oconee County Memorial Hospital.
Zooming In: PPP Second Draw workshop
Tim Scott's small-business policy adviser and a representative from Greenville's Small Business Development Center will walk local business executives through drawing from the second round of Paycheck Protection Program funding Feb. 3.
Belk enters debt restructuring agreement
Under the agreement, to be completed through an expedited reorganization under Chapter 11 of the U.S. Bankruptcy Code, Sycamore Partners will retain majority control of the Charlotte-based department store.
Upstate Giving, Jan. 25
Greenville Water is partnering with a conservation agency for three years. One Greenwood-based corporation is gifting almost $50,000 to United Way of Greenville County. A Gaffney business is raising the flag for museum funding.
