Start, Grow and Prepare for Disasters in Next Week's Events

Having trouble viewing this email? View it as a Web page.

South Carolina District Office

u s small business administration

Featured Events

Black Expo at Greenville Convention Center on August 10th.


Join us at the Greenville Convention Center as the Five Pillars of Economic Success - jobs, health, wealth generation, education and entrepreneurship comes to life for a day of empowerment and enlightenment.

The SBA South Carolina District Office will have a table at the expo, and will have two workshops at the event. Attending either workshop gives you free access to the full expo.

Business Smart - Starting a Business
12:15 - 1:15 p.m.

Growing your Business Through Federal Contracting
1:20 - 2:20 p.m.

More Information

10 Steps to Starting a Business


Hosted the Richland County Library. The 10 Steps to Starting a Business is a practical guide for individuals who may be considering entrepreneurship. Join Frank Anderson, Lender Relations Specialist from the SBA South Carolina District Office, as he discusses tips on creating your business plan, determining your legal structure, and exploring finance options for your small business.

Tuesday, August 13, 2019 - 6:00pm EDT
Richland Library Main
1431 Assembly St, Columbia, SC 29201


Disasters don't plan dhead, but you can. Protect your business today.

When Should You Prepare for a Disaster? NOW!

What steps should business owners take to prepare a business before disaster strikes? How can the SBDC help a small business owner recover from a disaster?

Attend this workshop and learn the answers to these important questions. The time to prepare is NOW! Speakers include: Charleston County EMD representative, Berkeley County EMD representative, April Chaffins, SC Department of Commerce, Sarah Wiggins, Tony Pope State Farm Insurance, and Darrell Jones, USC Region Director, SC SBDC.

Monday, August 19, 2019 - 6:00pm EDT
Lonnie Hamilton Services Building
4045 Bridge View Drive, North Charleston, SC 29405

Information Corner

How to Apply for Disaster Loans

Deadline in South Carolina to Apply for SBA Disaster Loans for Flooding and Heavy Winds is Aug. 26

The U.S. Small Business Administration (SBA) encourages businesses of all sizes, private nonprofit organizations, homeowners and renters to apply for a disaster loan for physical damage before the Aug. 26 deadline. Anyone in the declared counties in South Carolina with damages caused by flooding and heavy winds on June 6, 2019 should apply for SBA disaster loan assistance.

The declaration covers Catawba and Mecklenburg counties and the adjacent counties of Alexander, Burke, Cabarrus, Caldwell, Gaston, Iredell, Lincoln and Union in North Carolina; Lancaster and York in South Carolina.

Businesses and nonprofits can apply up to $2 million to repair or replace disaster damaged real estate, machinery, equipment, inventory, and other business assets. Loans for working capital, known as Economic Injury Disaster Loans, are available even if the business did not suffer any physical damage. Homeowners can apply up to $200,000 to repair or replace disaster damaged real estate. Homeowners and renters can apply up to $40,000 to repair or replace damaged personal property including automobiles.

Interest rates are as low as 4 percent for businesses, 2.75 percent for private nonprofit organizations, and 1.938 percent for homeowners and renters, with terms up to 30 years. The SBA determines loan amounts and terms based on each applicant’s circumstances.

Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future damage caused by a similar disaster.

Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at

Additional details on the loan application process can be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to Loan applications can also be downloaded at Completed applications should be mailed to: U.S. Small Business Administration. Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The filing deadline to return applications for physical property damage is Aug. 26, 2019. The deadline to return economic injury applications is March 27, 2020.

Upcoming Events

Full SBA and Resource Partner Calendar

Rural Strong Lake City on 9/24 from 8:30 - 12 p.m. at the Continuum