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Small Business Funding

SBA delays deadline for disaster loans, opens new PLOC center in Greenwood Co. [Video]

GREENVILLE, S.C. (FOX Carolina) – The U.S. Small Business Administration (SBA) announced that it is delaying the deadline for its low-interest physical disaster loans, giving Helene victims more time to apply.

The new deadline for businesses and residents who suffered damages from the storm to apply for loans is Jan. 7, 2025.

SBA also announced that a Portable Loan Outreach Center (PLOC) has opened in Greenwood County at the Greenwood County Chamber of Commerce. This facility will allow disaster survivors to meet with customer service representatives about a loan. It opens from 9 a.m. to 4 p.m. and will be in operation until Nov. 22 at noon.

Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the SBA, said, “SBA’s Portable Loan Outreach Centers are a cornerstone of our support for business owners. At these centers, business owners can meet face-to-face with specialists to apply …

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Small Business Funding

Watch CNBC's full interview with U.S. Secretary of Commerce Gina Raimondo [Video]

CNBC's Kate Rooney sits down with Commerce Secretary Gina Raimondo in her first interview since the 2024 presidential election to discuss the future of AI safety, the status of CHIPS Act funding, and her advice to the incoming administration.