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First Citizens Bank expands into Nexton
First Citizens Bank is expanding into Nexton with a 4,250 square-foot branch that’s scheduled to open in late 2021. The full-service branch will be located at 107 First Citizens Way, at the […]
South Carolina maintains high bond ratings with 3 major agencies
The state’s triple-A ratings from Moody’s and Fitch Ratings have been reaffirmed, as has its AA Plus rating from Standard & Poor’s, according to S.C. Treasurer Curtis Loftis.
Greenville named in top 10 remote work haven list
Money pointed the spotlight on Greenville in its recently published list of "Best Places to Live if You Work from Home," where the city shone for having the lowest cost-of-living and highest density of restaurants per capita on the list
$5 billion approved in first week of PPP loans
Approximately 60,000 Paycheck Protection Program loan applications submitted by nearly 3,000 lenders were approved from Jan. 11-Jan. 17. The program reopened to community financial institutions last week and is now open to all lenders.
Duke Energy invests in minority business through Columbia bank
Duke Energy deposited $5 million into Black-owned Optus Bank at the end of 2020 to amplify the company's support for minority-owned businesses and low-income communities.
VentureSouth partner Proterra goes public
VentureSouth portfolio company Proterra will become a publicly traded company through the acquisition of ArcLight Clean Transition Corp.
Paycheck Protection Program reopens today
The Paycheck Protection Program will reopen today for any borrowers who missed the last round of funding and certain existing borrowers.
Stimulus bill to launch second wave of PPP
As 2020 comes to a close, a $900 billion relief bill passed by U.S. Congress Monday night is set to launch a second round of Paycheck Protection Program funding and aid to industries most impacted by COVID-19.
Upstate Giving, Dec. 21
Greenville Area Development Corporation gifted 20 advanced manufacturing students across the county with top-grade tool kits this holiday, while the Countybank Foundation and SRS have stepped into aid United Way of Anderson County.
Duke Energy gifts $100,000 to support S.C. businesses
In support of local businesses across its service region, Duke Energy gave $100,000 to CommunityWorks’ small-business coaching and lending programs.
Greenville United Way opens economic mobility center
United Way of Greenville County will open the doors to its new Opportunity Center, a financial stability and economic mobility hub, in early 2021.
First Citizens: S.C. ranks as best state for startups
First Citizens Bank’s sixth annual Small Business Forecast finds that 84% of its respondents in the Palmetto State believe South Carolina is a great place to do business, the highest percentage in any of the bank's survey areas.
