Scruggs Equipment Company Inc.

2157 Pageland Hwy, Lancaster, SC 29720 · Farm and Garden Machinery and Equipment Merchant Wholesalers (NAICS 423820)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$2.5M

Jobs Supported

2

Years Active

2014–2014

Loan History (2)

Source: SBA FOIA
7(a)$250,000
Paid in Full
Approved
Jun 19, 2014 (FY2014)
SBA Guaranteed
$125,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
5.95%
Revolver
1
Jobs Supported
1
Business Type
Corporation
Industry
Farm and Garden Machinery and Equipment Merchant Wholesalers (NAICS 423820)
Paid in Full
Jul 31, 2020

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Lancaster County, SC

7(a)$2,220,300
Paid in Full
Approved
May 22, 2014 (FY2014)
SBA Guaranteed
$1,665,225 (75%)
Term
120 months (10.0 yrs)
Interest Rate
3.99%
Revolver
0
Jobs Supported
1
Business Type
Corporation
Industry
Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)
Paid in Full
Jul 31, 2020

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Lancaster County, SC

Business Details

Business Type
Corporation
NAICS Code
423820 Farm and Garden Machinery and Equipment Merchant Wholesalers
Address
2157 Pageland Hwy
Lancaster, SC 29720

Lender

Truist Bank
214 N Tryon St, Charlotte, NC 28202

Other SBA Borrowers in Lancaster

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