CDFI Week of Action


This week, June 8-14 2020, is the CDFI Week of Action. The purpose of this week is to raise awareness and resources for CDFIs in upcoming COVID-19 related federal legislation. The House-passed Health and Economic Recovery Omnibus Emergency Solutions, or HEROES Act (H.R. 6800), proposes $1 billion in funding for the CDFI Fund. We want the … Continue reading CDFI Week of Action

Open for Business


Thinking about eating out/ordering in for you next meal? Consider supporting one of these great, local small businesses – all SBAC customers! The 5 Spot: Offering curbside and to-go from Midtown location and food truck. Pie Society: Pooler location open for takeout and free local next day delivery Thrive, a carry-out café – Offering a … Continue reading Open for Business

Paycheck Protection Program (PPP)


UPDATE FROM SBA : Wednesday, April 15, 2020 Statement by Secretary Mnuchin and Administrator Carranza on the Paycheck Protection Program and Economic Injury Disaster Loan Program WASHINGTON – Today, U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza issued the following statement regarding the Paycheck Protection Program and Economic Injury Disaster … Continue reading Paycheck Protection Program (PPP)

SBAC Providing Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)


Small Business Assistance Corporation (SBAC) has federal funds available to assist small businesses in Coastal Georgia and South Carolina that have been impacted by the outbreak of Coronavirus (COVID-19). SBAC is here to help by providing immediate financial assistance. Many businesses in Coastal Georgia and South Carolina have been impacted by the effects of the … Continue reading SBAC Providing Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)