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There are three partners in an SBA 504 loan—the borrower, a bank or other regulated lender, and a CDC. Typically the borrower must contribute 10% of the total project cost; their bank lends 50% at their own rate and term (as long as the term is at least 10 years), and has a first lien on the assets being financed; and the CDC lends 40%, with a second lien.
In 1978, the company was founded as a real estate development company [4] by Robert Duncan. [5] During the recession of the late 1980s and early 1990s, the company converted into a services business. [4] Beginning in 1994, the company expanded into the West, Southwest and Midwest regions of the United States. [4]
Dunean is a census-designated place (CDP) in Greenville County, South Carolina, United States. The population was 3,671 at the 2010 census, [5] down from 4,158 in 2000. It is part of the Greenville–Mauldin–Easley Metropolitan Statistical Area.
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The Twilight Zone creator Rod Serling would have turned 100 on Dec. 25, 2024. To commemorate the anniversary, Rod’s daughters, Jodi and Anne, are looking back on some of their most meaningful ...
According to the terms of the plea agreement, Smirnov will plead guilty to one count of causing the creation of a false record in a federal investigation and three counts of tax evasion for 2020 ...
After graduation, Duncan served as branch manager and an assistant vice president during his seven years working in community banking. Later, he started his own small business, J. Duncan & Associates, a South Carolina-based, family-owned real estate marketing firm that specialized in statewide real estate auctions.
Magna International opened the doors to a new 170,000-square-foot mirror manufacturing facility in Duncan Thursday that will employ about 255 workers. Magna Mirrors opens Duncan plant, to supply ...