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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.
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.
In July 2021, Duncan voted against the bipartisan ALLIES Act, which would increase by 8,000 the number of special immigrant visas for Afghan allies of the U.S. military during its invasion of Afghanistan, while also reducing some application requirements that caused long application backlogs; the bill passed in the House 407–16. [26]
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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]
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