loan topic page

10:56 pm on Friday March 16, 2012

Despite delay, developer says don't worry over Port of Port Royal sale

Deal to develop the Port of Port Royal have fallen through twice before, so it's with understandable concern that it was with concern that the community heard the most recent deal could be substantially delayed after the town needed to secure a $1....
9:36 am on Sunday March 11, 2012

Port of Port Royal sale delayed after town doesn't execute loan

The expansion of downtown Port Royal has been delayed. The deal for the Port Royal Redevelopment Group to purchase the 51.6 acres of land that was once the Port of Port Royal has been extended by 45 days after a loan was not secured. The $17 million...
10:00 am on Wednesday January 13, 2010

Battery cut a deal to acquire Mayard on loan, send Hemming to Impact

Image by Charleston BatteryThe Montreal Impact have acquired the rights to the Charleston Battery’s Canadian international midfielder Tyler Hemming. Terms of the acquisition include Montreal sending their midfielder Pierre-Rudolph Mayard to The...
2:49 am on Tuesday December 15, 2009

As part of deal sweetening, Charleston County to lend $76 million to Boeing

Image by Flickr user Katkreig As part of a batch of secret incentives, Charleston County told boeing it would secure $76 million in lower-cost financing for Boeing's construction efforts.
9:45 am on Monday June 29, 2009

Patriots Point gets $9.2 million loan for USS Laffey repairs

Image by Flickr user Mr. T in DCImage by 20090629-laffey.jpg It looks like the destroyer ship USS Laffey is living up to it's title of 'The Ship that Would Not Die.' The State Budget and Control Board approved a $9.2 million loan to repair the...
9:14 am on Wednesday December 31, 2008

Sanford yields, will request $146 unemployment loan

The S.C. Employment Security Commission has won its game of chicken against S.C. Governor Mark Sanford. Sanford will request the $146 million in unemployment aid without a commitment of accountability from the ESC. Earlier today I chatted about the...
9:49 am on Friday November 21, 2008

Another project by nonprofit Elpis group comes to quiet end

After fears that a city loan of $45,000 would slip away, Charleston-nonprofit Elpis quietly repaid the money. It's not the first time this year that the group has had trouble, earlier this year the city bought back a restored mansion on East Bay...
6:56 pm on Tuesday September 9, 2008

City's $734,500 loan to building arts passes

Update September 9: The loan has been approved. Original post: The City of Charleston voted 10-2 in favor of loaning the American College of the Building Arts $734,500 at 5% interest. The Post and Courier has more on the loan, the vote, and why the...