Millions more requested by SC small businesses, nonprofits than what’s allocated
On the nonprofit side, which was eligible for grants up to $50,000 in some cases, its $25 million pool of money would fund about one-third of the roughly $76 million requested by 1,590 applicants.
The need in South Carolina’s nonprofit sector is greater than those figures show, said Madeleine McGee, president of Together SC, a statewide group for nonprofits. A study conducted by her organization and the College of Charleston’s Riley Center for Livable Communities found that about two-thirds of nonprofits in the state, as of early September, expected to survive for another six months or fewer without additional aid.
“For pretty much everyone that got PPP, that’s run out already,” McGee said.