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General Automotive Repair: SBA acquisition loans in South Carolina
12 SBA-financed business acquisitions in South Carolina classified as General Automotive Repair, FY2024–FY2026. Median loan $748K. See which lenders did them.
- Acquisitions financed
- 12
- Total approved
- $9.6M
- Median loan
- $748K
- Middle half of loans
- $486K to $975K
- Median starting rate
- 10.25%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | VelocitySBA, LLC | 3 | 25% | $748K | $2.2M |
| 2 | Pinnacle Bank | 2 | 17% | $1.1M | $2.1M |
| 3 | The Huntington National Bank | 2 | 17% | $649K | $1.3M |
| 4 | Citizens Bank | 1 | 8% | $1.4M | $1.4M |
| 5 | First-Citizens Bank & Trust Company | 1 | 8% | $900K | $900K |
| 6 | Live Oak Banking Company | 1 | 8% | $700K | $700K |
| 7 | Mechanics and Farmers Bank | 1 | 8% | $500K | $500K |
| 8 | Countybank | 1 | 8% | $443K | $443K |
For comparison, the same industry nationwide: 485 loans, median $686K, median starting rate 9.50%. See General Automotive Repair 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.