SBA 504 Loan Program News

New or existing business, new growth, new opportunities…..Economic Development Loans are available to help you grow your business.

The SBA 504 Loan program now offers a 25 year amortization option. Funds are available to small businesses located throughout the state of South Carolina for loans up to $5.5 million. SBA 504 interest rates for August 2018:

 

10 year 5.34%
20 year 5.30%
25 year 5.35%

Catawba Regional recently assumed the Waccamaw Regional Revolving Loan Fund (RLF), expanding Catawba Regional’s lending area to include Georgetown, Horry and Williamsburg counties.

As the fall season approaches, Catawba Regional serves 35 counties in South Carolina and has SC Agriculture Loan Funds available to family farmers, agribusiness, and aquaculture companies for loans $50,000 to $300.000.