Learn about Small Business Credit and Financing in Today's Business Smart Workshop at 10am!

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South Carolina District Office

u s small business administration

Featured Events

Montana Business Smart

Business Smart Series: Part 2

Hosted by FMU's Kelley Center for Economic Development. Join this workshop to learn about credit score, five C's of credit, what banks are looking for in a business plan, various financing options, and basic requirements for borrowing money.

Tuesday, October 19, 2021 - 10:00am EDT

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South Carolina District Office

Ask the South Carolina District Office

Have questions about starting, growing, expanding, or recovering your small business? Join this weekly call with the SCDO team to hear answers to commonly asked questions about COVID EIDL, PPP forgiveness, federal contracting, loans for start-ups, and other small business resources!

Every Wednesday - 10:00am EDT


Go Global: Expand Your Market With Exporting

International Trade: Increase Your Revenue by Tapping Foreign Markets

The City of Columbia Office of Business Opportunities and the Small Business Development Center are excited to offer International Trade: Increase Your Revenue by Tapping Foreign Markets! Topics Covered: What are the funding incentives available for exporting? Are you a small business considering international trade (export)? What are the risks? What are the solutions? Who are export resource partners? The SC SBDC provides international trade support to small business owners who are: New-to-Export, Early-Stage Exporters, Existing SC SBDC Export clients, and Importing. We will also highlight a small business that has expanded into international business successfully!

Wednesday, October 20, 2021 - 10:00am EDT

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City of Columbia OBO Presents Intro to Resources for the Latino Small Business Community

Introduction to Business Resources for the Latino Small Business Community

Hosted by the City of Columbia Office of Business Opportunities. Learn about registering for bid opportunities, commercial lending, technical assistance, and more! Also hear from partners such as the Benedict College Women's Business Center and the SC Small Business Development Center. The SBA South Carolina District Office will also speak about our products and services.

Monday, October 25, 2021 - 6:00pm EDT

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Information Corner

SBA Disaster Loans  Check disaster declarations  Apply for a disaster loan   Check your status

SBA Working Capital Loans Available in South Carolina
Following Secretary of Agriculture Disaster Declaration

ATLANTA - The U.S. Small Business Administration (SBA) announced that Economic Injury Disaster Loans (EIDLs) are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and private nonprofit organizations in South Carolina due to freezing temperatures on April 2-3, 2021.

Low-interest disaster loans are available in the following counties: Abbeville, Anderson, Cherokee, Chester, Fairfield, Greenville, Laurens, Newberry, Pickens, Spartanburg, Union, and York in South Carolina; and Cleveland, Henderson, Polk, Rutherford, and Transylvania in North Carolina.

“When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to eligible entities, affected by the same disaster,” said Kem Fleming, director of SBA’s Field Operations Center East.

Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart from aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, and ranchers.

The loan amount can be up to $2 million with interest rates of 3 percent for small businesses and 2 percent for private nonprofit organizations of all sizes, with terms up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://DisasterLoanAssistance.sba.gov/ela/s/ and should apply under SBA declaration # 17081.

Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to DisasterCustomerService@sba.gov. Loan applications can be downloaded from https://www.sba.gov/disaster. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

Submit completed loan applications to SBA no later than April 12, 2022.

Upcoming Events

Board Management - Nonprofit Workshop Series Fall 2021
SCORE Business Mentor
Thursday, October 21, 2021 - 12:00pm EDT

Clarify Your Message So Customers Listen
Women's Business Center
Thursday, October 21, 2021 - 1:00pm EDT

National Women Small Business Month
SBA Sponsored
Wednesday, October 27, 2021 - 2:00pm EDT

Federal Contracting 101
SBA Sponsored
Thursday, October 28, 2021 - 10:00am EDT

Federal Contracting Readiness Program (FCRP)
SBA Sponsored
Friday, October 29, 2021 - 11:00am CDT

Business Smart Series: Part 3
SBA Participating
Tuesday, November 2, 2021 - 10:00am EDT