$5 billion approved in first week of PPP loans Approximately 60,000 Paycheck Protection Program loan applications submitted by nearly 3,000 lenders were approved from Jan. 11-Jan. 17. The program reopened to community financial institutions last week and is now open to all lenders. SCRA made almost billion-dollar impact on S.C. economy The S.C. Research Authority, a nonprofit corporation that invests in and mentors companies across the Palmetto State, contributed nearly $1 billion to the state’s economy in 2020, a Darla Moore School of Business study found. |