WRNN Myrtle Beach interview 3-23-21
Listen to WRNN’s Dave Priest and Leanne Graham discuss the Reform the SBA campaign with Frank Knapp of the SC Small Business Chamber of Commerce. Listen here:
New problems for small businesses: 68% fewer banks means fewer small business loans
Lexington County Chronicle March 23, 2021 New problems for small businesses 68% fewer banks means fewer small business loans By Frank Knapp, Jr., Special to the Chronicle The number of commercial banks has fallen 68% since 1980. Only 4,600 banks exist today. Many smaller-sized banks have disappeared via mergers or failures, according to a report released…
Number of banks shrink by 68%, small business loans suffer Policy recommendation: More of the same
PRESS RELEASE Contact: Frank Knapp Jr. 803-600-6874 fknapp@scsbc.org Columbia, SC, March 23, 2021—The number of commercial banks has decreased 68% since 1980. Only 4,600 banks exist today because “many smaller sized banks have disappeared during this period, via mergers or failures” according to a report released this month by the Office of Advocacy. This federal…