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Shahan Commercial Holdings LLC

Irmo, SC · All Other Specialty Trade Contractors · NAICS 238990

Shahan Commercial Holdings LLC is a business in Irmo, South Carolina, classified under the industry All Other Specialty Trade Contractors (NAICS 238990). The company was approved for an SBA 504 loan of $1,073,000, which financed real estate or equipment through an SBA 504 loan, with First Community Bank as the bank partner and the Certified Development Corporation of South Carolina as the CDC, with approval dated August 7, 2025.

SBA 504 loan, approved Aug 7, 2025

$1,073,000 SBA portionCDC: Certified Development Corporation of South Carolina25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,073,000
Bank portion
$1,300,000
Estimated project size
$2,636,667 (estimated)
Estimated owner equity
$263,667 (estimated, about 10% of the project)
Bank lender
First Community Bank, Lexington, SC
CDC
Certified Development Corporation of South Carolina
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 7, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
7
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Richland County, SC
SBA district office
South Carolina District Office
Congressional district
SC-2
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 7% of expansion loans in All Other Specialty Trade Contractors on this site.
  • Average expansion loan in All Other Specialty Trade Contractors: $1,769,072.
  • Average expansion loan in South Carolina: $2,088,205.

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