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Archive By Section - Business


SBA lauds Treasury move to bolster small business loans

WASHINGTON, D.C. - A plan by the Treasury Department and the Federal Reserve to improve market conditions for asset-backed securities - including those composed of SBA-backed small business loans - should be welcome news to credit-hungry small businesses across the country, said U.S. Small Business Administration Acting Administrator Sandy K. Baruah.

December 15, 2008 | Staff Report | Business


Dr. Abbott joins Redick Family and Cosmetic Dentistry

Dr. Andrew H. Abbott has joined Redick Family and Cosmetic Dentistry in the Silverwood Business Center.

December 12, 2008 | Staff Report | Business


Making arrangements for long-term care

Long-term care refers to the many services beyond medical care and nursing care used by people who have disabilities or chronic (long-lasting) illnesses. Long-term care insurance helps you pay for these services, which can be very expensive. A policy also ensures that you can make your own choices about what long-term care services you receive and where you receive them.

December 12, 2008 | Mark Czachowski Guest Columnist | Business


Record loans for small businesses

WASHINGTON - Small businesses won a record $83.2 billion in federal prime contracts in FY07, an increase of almost $6 billion from 2006, according to the U.S. Small Business Administration's annual small business procurement scorecard recently released. In addition, each socio-economic group increased its share of federal contracting dollars by at least $1 billion.

December 09, 2008 | Staff Report | Business


State’s initial jobless claims skyrocket by 75 percent

ATLANTA - The Georgia Department of Labor announced that 72,627 laid-off workers filed first-time claims for unemployment insurance benefits in October, an increase of 75 percent from October 2007.

December 09, 2008 | Staff Report | Business


Atlantic Southern posts quarterly loss

MACON - Atlantic Southern Financial Group, Inc. announced results for the nine months ended Sept. 30 and the 2008 third quarter.

December 09, 2008 | Staff Report | Business


AgSouth posts record net earnings for third quarter

STATESBORO - AgSouth Farm Credit CEO Bill Spigener recently announced that the customer-owned cooperative had record net earnings of $27.13 million during the third quarter of 2008, over a 6 percent increase over the figures from the same period during 2007.

December 09, 2008 | Staff Report | Business


Now is not the time to panic with investments

When you're in a state of panic, you can do some things really well, such as run after a bus, think up an excuse or find a last-minute gift. Other tasks, however, require a calmer approach. You don't want to be panicky when you're slicing a tomato, pouring hot coffee or preparing your taxes - and you certainly don't want to panic when you're investing for the long term.

December 09, 2008 | Frank Bevenour Guest Columnist | Business


Springs into action

With help from Effingham Chamber of Commerce members, representatives of The Springs at Effingham apartment community - Amy Calvert, Joni Hugueley, Caroline Melton-Fischer, Bernie Zemter and Sabrina Wray - cut the ribbon on the complex.

December 02, 2008 | Patrick Donahue | Business


Citizens Bank winners

December 02, 2008 | Staff Report | Business


Spatial Engineering chief to speak at Chamber breakfast

Richard Truluck, president of Spatial Engineering, will discuss his firm's role, mission and community impact at the next Effingham Chamber Membership Breakfast slated for Wednesday.

November 28, 2008 | Staff Report | Business


Hospital praised in annual audit

Effingham Hospital received overall praise for its progress in 2008 and praise for the additional services it has brought to the community during an annual audit presentation from Jim Creamer on Tuesday evening.

November 28, 2008 | Staff Report | Business


SBDC to hold entrepreneur workshops

A series of four workshops entitled "Entrepreneur Development Certificate Program" or EDCP will be held on Tuesday evenings beginning Nov. 18 and continuing each Tuesday through Dec. 9 in the conference room of the Small Business Assistance Center, 111 East Liberty St., Savannah.

November 28, 2008 | Staff Report | Business


Reiser and Reiser open house

November 25, 2008 | Staff Report | Business


SBA loan volume falls for 2008

WASHINGTON - A "perfect storm" of tightened credit by commercial lenders, declining creditworthiness and reduced demand for loans from small business borrowers uncertain about the future has led to a substantial decline in the number of small business loans guaranteed by the U.S. Small Business Administration during FY08, SBA Acting Administrator Sandy K. Baruah said Friday.

November 25, 2008 | Staff Report | Business


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Articles by Section - Business


ASU quarterly report says coastal economy growing

Armstrong State University's latest Coastal Empire Economic Monitor reports the Savannah-area economy continued to expand during the second quarter of 2014 and should experience strong growth throughout the year.

September 04, 2014 | Staff report | Business


SBDC to present GrowSmart series for small businesses

SAVANNAH - In its 10th year, SBDC GrowSmart, the signature series of the University of Georgia Small Business Development Center, will begin Sept. 16 and consists of five modules over five weeks. Each module will focus on a particular topic, such as marketing, finance, and management, with the sessions lasting from 9 a.m.-4 p.m.

September 04, 2014 | Staff report | Business


Studio not only item on IDA’s menu

When a company planning a massive project in the community changes its name, it takes a little getting used to.

September 01, 2014 | By Paul Floeckher | Business


Mapping how to attract, keep tourists

Effingham County could shape itself into a draw for tourists, if enough resources are applied to making it happen, a state tourism official said Thursday.

August 25, 2014 | By Patrick Donahue | Business


Jobless rate nudges upward

ATLANTA - The Georgia Department of Labor announced that Effingham County's preliminary unemployment for July was 6.6 percent, up from June's rate of 6.4 percent. The rate is down from the July 2013 mark of 7.1 percent.

August 25, 2014 | Staff report | Business


Area economy back on the fast track

ST. SIMONS ISLAND - As director of Armstrong State University's Center for Regional Analysis, Michael Toma has been a bearer of grim economic tidings over the last several years. But Thursday morning, his remarks on the region's outlook appeared to be much more well-received.

August 21, 2014 | By Patrick Donahue | Business


IDA waits for answers on Medient master plan

While Effingham Industrial Development Authority members expect to get the master plan for Medient Studios' project, they also still have a slew of questions.

August 21, 2014 | By Patrick Donahue | Business


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