Greenville CARES Act Business Fund, nonprofit reimbursement bill, extended tax filing date

$79 million in grants open to Greenville businesses

Greenville County opened the door to $70 million in stimulus funding for Greenville businesses on July 6. Minority small businesses and public health providers also can apply for grants from respective $5 million and $4 million funding pools. Grants from the $70 million small business fund will be distributed on a first-come, first-served basis to eligible applicants.

Senate passes nonprofit unemployment reimbursement bill

A bill co-sponsored by Sen. Tim Scott that allows nonprofits to pay states only 50% of unemployment costs upfront was passed unanimously in the U.S. Senate July 2. The bipartisan bill, called the Protecting Nonprofits from Catastrophic Cash Flow Strain Act also was sponsored by Sens. Sherrod Brown, D-Ohio; Chuck Grassley, R-Iowa; and Ron Wyden, D-Ore.

Extended tax filing and payment deadline nears

Individual income taxes, along with corporate income taxes and license fees, are due July 15. The deadline was extended because of COVID-19 concerns.

Black-owned businesses see surge of interest

People are showering Black-owned businesses with support in the wake of protests against police brutality. The sudden attention on inequality in America has spun numerous online lists spotlighting Black-owned companies, but the Black entrepreneurs who run the businesses say they have mixed feelings about the renewed interest in buying Black.

Hot Properties

Share your recent commercial or industrial real estate transaction with GSA Business Report.

Four Howard Creek LLC, represented by Coldwell Banker Commercial Caine’s Pete Brett, David Sigmon, Matt Vanvick and T Cox, purchased a 5,400-square-foot retail center at 4 Howard Creek Drive, Fountain Inn, from The Capurro Family Trust.For more Hot Properties, click here.

Get the word out about your business

GSA Business Report's online submission portal is available to all business owners, entrepreneurs and marketing professionals in the Upstate who want to get out information about a company, new hires, products, services, website launches and events. Use this link to submit your press releases to GSA Biz Wire, which also submits your item for possible publication in the print edition of the Business Report.

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