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Full-Service Restaurants: SBA acquisition loans in South Carolina
13 SBA-financed business acquisitions in South Carolina classified as Full-Service Restaurants, FY2024–FY2026. Median loan $700K. See which lenders did them.
- Acquisitions financed
- 13
- Total approved
- $11.7M
- Median loan
- $700K
- Middle half of loans
- $296K to $945K
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | United Community Bank | 2 | 15% | $375K | $750K |
| 2 | American Momentum Bank | 1 | 8% | $3.9M | $3.9M |
| 3 | US Metro Bank | 1 | 8% | $1.9M | $1.9M |
| 4 | Seacoast National Bank | 1 | 8% | $1.1M | $1.1M |
| 5 | First-Citizens Bank & Trust Company | 1 | 8% | $945K | $945K |
| 6 | Countybank | 1 | 8% | $805K | $805K |
| 7 | Metro City Bank | 1 | 8% | $720K | $720K |
| 8 | Pinnacle Bank | 1 | 8% | $497K | $497K |
| 9 | Business Development Corporation of South Carolina | 1 | 8% | $400K | $400K |
| 10 | Midwest Regional Bank | 1 | 8% | $296K | $296K |
| 11 | Readycap Lending, LLC | 1 | 8% | $218K | $218K |
| 12 | First Command Bank | 1 | 8% | $180K | $180K |
For comparison, the same industry nationwide: 1,235 loans, median $465K, median starting rate 9.50%. See Full-Service Restaurants in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.