SCBIZ Daily for Sept. 15, 2020

COG lending $560,000 to tri-county businesses

Berkeley, Charleston and Dorchester county businesses that have lost revenue because of the pandemic can apply for $10,000 to $100,000 loans from a new revolving loan fund of the Berkeley-Charleston-Dorchester Council of Governments.

Charthouse Apartments on James Island sells for $8.5 million

Durham Hill Capital LLC and Hoplite Capital Strategies acquired the Folly Road apartment complex in an effort to grow their Southeast real estate portfolio. Both companies are said to be looking for additional properties to further grow their portfolios.

Developer: "Progress will continue" after Babcock fire

Hughes Development Corp., BullStreet District master developer, said site cleanup had begun at the historic building, being renovated into luxury apartments by a Virginia developer, before Saturday’s fire destroyed the cupola and interior sections of the building.

Greenville Tech awarded $2.3M grant to help students

Greenville Technical College will receive a federal Student Support Services grant of $2.3 million over five years to help students succeed in college and graduate.

Michelin names Young Apprenticeship Program students

Michelin recognized this year’s class of Young Apprenticeship Program students at a “signing day event” hosted at Anderson’s Bleckley Inn on Sept. 11. The apprentices are high school students who have accepted part-time positions at Michelin’s rubber mixing facility in Starr.

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