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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]
Corruption in S.C. real estate transactions can be simply “the price of doing business” for realtors because the SC Real Estate Commission is essentially a “self-regulation organization.
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Duncan became the site of an important footnote in Spartanburg County's African-American history when the Rock Hill Negro School opened in Duncan in 1881. Within two years of its name change, Duncan boasted a population of 200, along with several general stores, saw and flour mills and a cotton gin. The town received its charter in 1889.
The Upstate, historically known as the Upcountry, [4] is a region of the U.S. state of South Carolina, comprising the northwesternmost area of the state.Although loosely defined among locals, the general definition includes the 10 counties of the commerce-rich I-85 corridor in the northwest corner of South Carolina.
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