Freedom 1st Medical Transport LLC
Freedom 1st Medical Transport LLC, located in Easley, SC, operates in the special needs transportation industry (NAICS 485991). The company was financed with an SBA 7(a) loan for a change of ownership of $630,000, approved on June 1, 2026, through Pathward National Association.
SBA 7(a) loan, change of ownership, approved Jun 1, 2026
$630,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $630,000
- SBA-guaranteed amount
- $472,500 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 1, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $8,066 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 26, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 485991, Special Needs Transportation
- Project location
- Pickens County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 8% of acquisition loans in Special Needs Transportation on this site.
- Average acquisition loan in Special Needs Transportation: $1,330,550.
- Average acquisition loan in South Carolina: $1,827,509.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in South Carolina
- Care 4 Transportation, LLC, Charleston