Greater Lowcountry Plumbing LLC
Greater Lowcountry Plumbing LLC is a plumbing fixture, fitting and trim manufacturer in North Charleston, South Carolina, operating under the Mr. Rooter Plumbing franchise. The business was financed with an SBA 7(a) loan for a change of ownership of $1,536,400, approved by Truliant FCU on September 30, 2026.
SBA 7(a) loan, change of ownership, approved Sep 30, 2026
$1,536,400 approvedLender: Truliant FCU10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,536,400
- SBA-guaranteed amount
- $1,152,300 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 30, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $19,881 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 332913, Plumbing Fixture Fitting and Trim Manufacturing
- Franchise
- Mr. Rooter Plumbing
- Project location
- Charleston County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Plumbing Fixture Fitting and Trim Manufacturing: $1,536,400.
- 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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