In a jarring upset from last week’s election, multiple Democratic incumbents of the South Carolina State House lost their seats to Republican challengers. Representatives Mandy Powers Norrell and Laurie Funderburk of Lancaster and Kershaw counties, respectively, were among the losses for state Democrats. These counties also lost their long-time state…
Small businesses receive tax exemption for PPP loans
Small business owners saw a big win last week when the South Carolina Senate voted to adopt an amendment that would exempt their businesses from a state tax on their fully or partially forgiven PPP loans. The Paycheck Protection Program provides loans to small businesses to aid in the maintenance…