Certified Development Corporation of South Carolina
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Certified Development Corporation of South Carolina
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 8 | $1.5M | $186K | 100.0% |
Geographic Distribution
SBA lending activity for Certified Development Corporation of South Carolina by state
| State | Loans | Volume | Share |
|---|---|---|---|
| South Carolina (SC) | 8 | $1.5M | 100.0% |
Why Choose Certified Development Corporation of South Carolina?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $1.5M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.50% with flexible term lengths averaging 216 months
- ✓Loan Range: Loan sizes from $186K to $186K, with an average of $186K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in SC
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Certified Development Corporation of South Carolina SBA lending
What types of businesses does Certified Development Corporation of South Carolina typically finance?
Certified Development Corporation of South Carolina specializes in SBA 7(a) lending to specific industries including full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Certified Development Corporation of South Carolina's typical SBA loan terms?
Certified Development Corporation of South Carolina's SBA 7(a) loans typically feature an average interest rate of 7.50% and average term length of 216 months (approximately 18 years). Loan sizes range from $186K to $186K, with an average loan size of $186K.
Do I need a business valuation for a Certified Development Corporation of South Carolina SBA loan?
Yes, Certified Development Corporation of South Carolina typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Certified Development Corporation of South Carolina compare to other SBA lenders?
Certified Development Corporation of South Carolina has originated 8 SBA loans totaling $1.5M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Certified Development Corporation of South Carolina lend in?
Certified Development Corporation of South Carolina provides SBA 7(a) financing with particularly strong presence in SC. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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