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SCBIZ Daily
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TODAY'S HEADLINES  |  May 27, 2020

Majority of small businesses receive PPP funding

Almost 90% of the members of the small business advocacy group National Federation of Independent Business received funding from the Paycheck Protection Program, according to a recent survey

SCDOT projects $78 million revenue reduction

The S.C. Department of Transportation forecasts a $54 million shortfall in gas tax revenue and a $24 million decrease in vehicle sales tax related to COVID-19 through July, with a potential total impact of $293 million.

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Halted by coronavirus, then a tornado, BorgWarner returns

A contracted security guard was killed when the tornado struck the plant, but workers who would have been on the production line when the overnight storm hit were already at home due to COVID-19. The company's goal was to repair damage fast enough so as to not add to days already lost to the pandemic.

The Citadel prepares to replace Capers Hall

The Citadel is planning to demolish Capers Hall, one of the most utilized academic buildings on campus, next year and replace it with a more modern facility. Replacing Capers Hall will give the college an additional 30,000 square feet, updated pedagogical tools and a 250-seat performing arts auditorium.

SC Manufacturing Conference - Check Out the Agenda

More than $14.5M in infrastructure grants awarded

The S.C. Rural Infrastructure Authority selected 34 projects throughout the state to receive funds to improve water, sewer and stormwater systems. The organization awards grants twice a year through an application process. 

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SCBIZ - Spring 2020
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