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