economic stimulus

FOR IMMEDIATE RELEASE Today, Businesses for Responsible Tax Reform held a virtual roundtable with small business owners from across the country to hear about the significant challenges they face in accessing emergency programs set up to help them weather the COVID-19 crisis; entrepreneurs unanimously expressed frustration over the Administration’s handling of the PPP program May […]

Lexington County Chronicle May 7, 2020 By Frank Knapp, Jr. Special to the Chronicle It’s unconscionable that policy makers want to pump $500 billion in loans to large corporations without requiring them to preserve jobs or limit executive pay. Small businesses must wade through a thicket of red tape in an often fruitless attempt to get

“Main Street businesses, even if allowed to open under strict restrictions regarding customer interactions, won’t really come back until the consumers do,” Knapp said. “And right now, the polling suggests that the public and small business owners are still very afraid to resume normal activities.” Spartanburg Herald Journal May 6, 2020 By Bob Montgomery Staff Writer

President and CEO Frank Knapp of the South Carolina Small Business Chamber of Commerce will be a participant in the below national web event.  He will share information about South Carolina businesses’ and his own personal experience with PPP loans. Join us for a live web event with House Speaker Nancy Pelosi and small business

SC ETV May 2, 2020 Watch Video SC ETV’s “This Week in South Carolina” host Gavin Jackson looks at the economic impact in South Carolina’s of  COVID-19 and government’s response.  Mr. Frank Knapp, president and CEO of the South Carolina Small Business Chamber of Commerce, was interviewed for the May 2, 2020, program.  His interview

Lexington County Chronicle April 30, 2020 By Frank Knapp Jr. Pour guidelines left ome small businesses out of the $349 billion Paycheck Protection Program loan program. Yet millions of small businesses in our state and across the country were unable to get a loan and are painfully aware of why. For example, my family owns

ESPN reported on Monday that the Lakers had returned a loan they received through a federal aid program for small businesses hard hit by the coronavirus. U.S. News and World Report April 27, 2020 By Andrew Soergel, Senior Writer, Economics THE LOS ANGELES LAKERS received – and subsequently returned – more than $4 million in

Hilton Head Island Packet April 26, 2020 BY JAKE SHORE An avalanche of loan applications in South Carolina is expected to hit the federal agency in charge of the Paycheck Protection Program (PPP), as small businesses left out of the first round of relief funding want in on round two. The program was infused with

The Hilton Head Island Packet April 22, 2020 On the first day that funds for the initial $349 billion Paycheck Protection Program became available, Ramona Fautini, owner of Common Ground coffee shop in Beaufort, applied “almost immediately” through her bank. That was over two weeks ago, and her application remains in line with hundreds of