SBA Loans for Medicinal and Botanical Manufacturing in South Carolina: Top Lenders
NAICS 325NAICS 325 covers medicinal and botanical manufacturing businesses in South Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
3
in South Carolina
Median Loan Size
$750,000
per approval
Recent Activity
0
last 90 days through Jan 2024
NAICS 325 covers medicinal and botanical manufacturing businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $750,000.
Key trends & insights
- Medicinal and Botanical Manufacturing in South Carolina lending is concentrated — Bayfirst National Bank, Byline Bank, Valley National Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Bayfirst National Bank leads this industry with 1 approvals (33% market share) and a median loan of $46,000.
- Medicinal and Botanical Manufacturing in South Carolina loans run larger than the SBA average — a $750,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2024-01-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Medicinal and Botanical Manufacturing in South Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $46,000 | |
| 2 | 1 | $750,000 | |
| 3 | 1 | $1,100,000 |
Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing in South Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-01 | BayFirst National Bank | K B*****LLC | CLOVER, SC | $46,000 |
| 2022-10 | Byline Bank | Tri*****LLC | WALTERBORO, SC | $750,000 |
| 2021-06 | Valley National Bank | QUA*****LLC | GREENVILLE, SC | $1,100,000 |
| 2020-12 | TD Bank, National Association | Gre*****LLC | WINNSBORO, SC | $500,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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