Bogari, LLC is a European Contemporary Furniture store that out grew their leased space. With the help of the ADC, BNC Bank and SBA, they were able to expand into a 15,000 square foot building at 66 Carolina Point Parkway, Greenville, SC.
Locaton: Greenville, SC.
Project
| SBA 504 Loan: | $578,000 |
| ALF Loan: | $60,000 |
| Third Party Lender: | Bank of North Carolina |
| Jobs: | 5 |
Woman-Owned Business
Stella’s Southern Bistro
Stella’s Southern Bistro purchased the building they were leasing in Simpsonville, SC. The popularity of this restaurant led to a second location in the Verde area of Greenville. The ADC provided ALF funds for renovations of this new location.
Location: Simpsonville and Greenville, SC
Project
| SBA 504 Loan: | $426,000 |
| ALF Loan: | $100,000 |
| Third Party Lender: | Bank of Travelers Rest |
| Jobs Retained-Simpsonville: | 21 |
| Jobs created-Greenville: | 20 |
Waves Express Wash-Powdersville, LLC
Waves Express Wash-Powdersville, LLC is a startup car wash business in Powdersville, SC. Financing provided funds for the construction of a state of the art tunnel car wash on Highway 153.
Locaton: Powdersville, SC
Project
| SBA 504 Loan: | $1,106,000 |
| ALF Loan: | $145,000 |
| Third Party Lender: | Carolina Alliance Bank |
| Jobs Created: | 20 |
Vision Screen Printing and Graphics, Inc.
Vision Screen Printing and Graphics, Inc. was able to purchase the building they were leasing. ADC was able to partner with County Bank to provide subordinate financing for the purchase of the building and provide working capital.
Location: Greenville, SC
Project
| ALF Loan: | $112,100 |
| Third Party Lender: | County Bank |
| Jobs Retained: | 50 |