The Spartanburg, S.C.-based company said it will close all 24 of its New Hampshire offices, costing 50 people their jobs.

Early last month, Advance America tried to offer short-term revolving credit loans after a new law limiting payday loan interest went into effect. However, the state Banking Department blocked the move, calling the triple-digit interest rate oppressive.

The new law capped interest rates on payday loans at an annualized 36 percent. Payday lenders said the cap would let lenders charge $1.38 per $100 borrowed every two weeks. They said it was not enough to cover their costs.

Officials said Monday they took 60,000 CDs, 3,000 DVDs and 700 pairs of shoes in the raid at Ladson on Saturday.

A spokeswoman for the secretary of state's office says no arrests have been made yet.

The Post and Courier of Charleston reported that other items included handbags, wallets, headbands, belts and other clothes.

The secretary of state's office says the items included NASCAR, the National Basketball Association, the National Football League and the National Hockey League as well as a number of name brands.

Charlie Wetmore, 43, of Pine Ridge, and his 16-year-old son got into an argument Saturday after his son didn't make weight requirements for his wrestling team, the report said. The two began to wrestle as the argument got heated, and the 150-pound son pinned Wetmore, who weighs 245 pounds, to the floor, the report said. Wetmore then bit him on the lower leg to get free, according to the report.

Family members attempted to calm Wetmore, but about 10 minutes later, he went to his son's room and punched him in the head, the report said. Family members broke up the fight, and Wetmore's wife called police, according to the report.

Officers at the scene said the boy's head was swollen. The bite left an impression but did not break the skin, according to the report.

Wetmore released the following statement Monday to the media via e-mail: