Archive for Loan Closing

LOAN OVERVIEW Borrower: Elijah Craig, LLC Loan Amount: $500,000 Location: Florence, SC Project Type: Healthy Food Retail SITUATION The North Dargan Street and Darlington Street corridor, a neighborhood in Florence, SC, is deemed “blighted”…

October 18, 2017

Loan Closing: Midlands CDC

LOAN OVERVIEW Borrower: Midlands Community Development Corporation Loan Amount: $715,675 Location: Columbia, SC Project Type: Affordable Housing SITUATION Nearly one third of South Carolinians are cost-burdened by their homes, meaning they spend over…

LOAN OVERVIEW Borrower: Bluewater Horizons, LLC Loan Amount: $485,000 Location: North Charleston, SC Project Type: Affordable Housing SITUATION Nearly one third of South Carolinians are cost burdened by their homes, meaning they spend…

LOAN OVERVIEW Borrower: El Conuco Caribeno Restaurant Loan Amount: $99,000 Location: Fountain Inn, SC Project Type: Community Business SITUATION Joanna Salom dreamed of owning her own restaurant in Fountain Inn, located in Greenville…