The Bank of South Carolina
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Bank of South Carolina · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 3 | $211K | $70K | 33.3% |
| 561730 | Landscaping Services | 1 | $97K | $97K | 11.1% |
Geographic Distribution
SBA lending activity for The Bank of South Carolina by state
| State | Loans | Volume | Share |
|---|---|---|---|
| South Carolina (SC) | 9 | $703K | 100.0% |
Why Choose The Bank of South Carolina?
Based on SBA 7(a) lending track record from 1995-1998
- ✓Proven Track Record: 9 SBA loans approved, totaling $703K in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Landscaping Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 86 months
- ✓Loan Range: Loan sizes from $24K to $130K, with an average of $78K
- ✓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 The Bank of South Carolina SBA lending
What types of businesses does The Bank of South Carolina typically finance?
The Bank of South Carolina specializes in SBA 7(a) lending to specific industries including offices of dentists, landscaping services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Bank of South Carolina's typical SBA loan terms?
The Bank of South Carolina's SBA 7(a) loans typically feature an average interest rate of — and average term length of 86 months (approximately 7 years). Loan sizes range from $24K to $130K, with an average loan size of $78K.
Do I need a business valuation for a The Bank of South Carolina SBA loan?
Yes, The Bank 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 The Bank of South Carolina compare to other SBA lenders?
The Bank of South Carolina has originated 9 SBA loans totaling $703K since 1995. 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 The Bank of South Carolina lend in?
The Bank 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?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.