Access to Capital

Getting back on track. SBA webinar today at 4

The Small Business Administration (SBA) & Public Private Strategies Institute (PPSI) are providing several educational opportunities for you to learn more about programs that will help your business get back on track.  This is part of an effort to ensure that American small businesses know about the many resources to help their business grow and […]

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Advocate campaigns to reform the SBA. Small biz startups at 40-yr low

Sun Port Charlotte May 14, 2021 By NANCY J. SEMON, Staff Writer If Frank Knapp, Jr. has his way, the Biden administration will budget more money for small businesses and give out more loans to entrepreneurs in underserved communities. “The SBA (Small Business Administration) is broken,” Knapp said when he visited the area as part

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OPINION: Want to ignite our economy? Help our small businesses grow

Herald-Tribune (Sarasota, FL) May 10, 2021 By Frank Knapp Jr. I recently had the great pleasure of visiting Sarasota as I drove around Florida talking to the media. In addition to the wonderful weather, the core of the city was vibrant; coffee shops and restaurants were bustling with customers. These and other locally owned small

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Opinion: Business Campaign for Better Access to Capital for Black Entrepreneurs

Jacksonville Free Press April 21, 2021 By Frank Knapp Jr. and Derek Peebles In September of 2019, long before anyone had ever heard of the coronavirus, The Republican Party’s only Black U.S. Senator, Tim Scott (R-SC) announced that he had introduced the Enhancing Entrepreneurship for the 21st Century Act along with Democratic Senator Amy Klobuchar. The

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Minority Entrepreneurs Struggled to Get Small-Business Relief Loans

The New York Times April 4, 2021 A year after the Paycheck Protection Program started, studies show how its design hurt Black- and other minority-owned businesses. Shaundell Newsome of Small Business for America’s Future said changes were needed throughout the banking industry to improve outcomes for Black owners. By Stacy Cowley Southern Bancorp is a lender

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Reform the SBA discussed on WRHI 3-24-21: Listen

March 24, 2021 Reform the SBA was the subject on WRHI’s Palmetto Mornings radio show in Rock Hill, SC. Hosts Lucas McFadden and Patti Mercer talked with Frank Knapp, campaign coordinator and CEO of the SC Small Business Chamber of Commerce. Listen here: https://reformthesba.com/wrhi-interview-on-reforming-the-sba-3-24-21/

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SC group calling for changes to the SBA

Greenwood Index-Journal March 23, 2021 By JAMES HICKS A South Carolina business advocacy group is calling for changes at the Small Business Administration. “SBA needs to have a bigger mission,” said Frank Knapp, president and CEO of the South Carolina Small Business Chamber of Commerce. His organization launched a nationwide campaign called Reform the SBA.

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Reform the SBA discussed on WRNN radio in Myrtle Beach-Listen

March 23, 2021 Listen to WRNN’s Dave Priest and Leanne Graham of Myrtle Beach, SC, discuss the Reform the SBA campaign with Frank Knapp of the SC Small Business Chamber of Commerce and coordinator of the campaign. Listen here: https://reformthesba.com/wrnn-myrtle-beach-interview-3-23-21/

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Number of banks shrink by 68%, small business loans suffer

PRESS RELEASE Contact: Frank Knapp Jr. 803-600-6874 fknapp@scsbc.org Policy recommendation: More of the same Columbia, SC, March 23, 2021—The number of commercial banks has decreased 68% since 1980.  Only 4,600 banks exist today because “many smaller sized banks have disappeared during this period, via mergers or failures” according to a report released this month by

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