SCBIZ Daily for July 22, 2020

Countybank processes $61 million in PPP funding

As South Carolina’s PPP loan number tops 64,448 loans at $5.7 billion, according to the latest report from the U.S. Small Business Administration, Countybank processed at least $61 million through the small business financing program.

Expiring moratorium could complicate picture for renters

A federal moratorium on evictions expires this month, as do expanded federal unemployment benefits. That could leave some tenants facing an uncertain future amid the pandemic.

Bi-Lo parent company reverses course, will require masks

The new requirement will begin July 27 and follows moves by other retailers to require masks. The announcement comes a day after the company confirmed that stores weren’t requiring face coverings to avoid “undue friction” between customers and staff members.

CofC closes School of Professional Studies

College of Charleston President Andrew Hsu made the decision to recommend closure of the program, saying, “The SPS has not generated the sustained revenue and enrollment growth we desired, and the college can no longer justify continued investment in the stand-alone structure of the school.”

Airport lounge at CHS set to reopen today

The Club CHS at Charleston International Airport is set to reopen to passengers today. The Club CHS, which opened a year ago this month, has implemented changes including menu alterations, social distancing, sanitizing stations and the use of face masks. Initial operating hours will be 6:30 a.m. to 5:30 p.m. daily. The Club CHS, a 3,000-square-foot shared-use lounge, offers customers areas to relax, work, dine or freshen up.

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