SCBIZ Daily for March 23, 2020

SBA approves statewide disaster loan eligibility

The U.S. Small Business Administration has approved S.C. Gov. Henry McMaster’s COVID-19-related disaster declaration request, making businesses in the entire state eligible to apply for low-interest disaster loans of up to $2 million.

Volvo to halt U.S. production next week

Volvo Cars will halt production at its S.C. plant in Ridgeville next week in response to a weakening market and health concerns for employees because of the new coronavirus. Volvo halted production at its Belgium plant on Tuesday and will close its Swedish and U.S. plants between Thursday and April 14.

Cantina 76 mixing up marketing strategy amid closures

SC Biz News is speaking with small businesses and community leaders about the impact of the new coronavirus on business and industry, and how this is changing how we live day to day and in the long term.

Haley resigns from Boeing board

Former U.N. Ambassador and S.C. Gov. Nikki Haley has resigned from Boeing’s board of directors less than a year after she joined, citing disagreements over the company’s support of a federal bailout package for the aerospace industry.

USC campuses closed through end of spring semester

University of South Carolina students will begin online classes on Monday that will continue through the completion of final exams in May, the school announced. Also, May graduation has been postponed until a to-be-determined date.

Herald Office Solutions

Over the past few weeks, Herald Office Solutions has been educating its customers about alternative office supplies. Backup options might not be what you’re used to, a sales and marketing associate said, but they’ll get the job done.

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