Small Business Administration 504 Loan News

When existing borrower, Naynesh Dave decided to purchase another gas station/convenience store Catawba Regional partnered with South State Bank and provided financing for the project. Catawba Regional assisted with a combination of SBA 504 and RLF loans for the purchase of real state and working capital. The c-store houses a pizzeria and offers diesel plus two grades of Shell branded gas, lottery tickets, soft drinks, snacks, beer, wine, cigarettes, and other convenience items. Mr. Dave will oversee all management and day-to-day operations and brings over thirteen years of experience owning and managing gas stations/convenience stores. Two jobs are expected to be created as a result of this project.  

Herlong Express
490 South Herlong Avenue
Rock Hill, SC