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Home South Carolina Bank of Travelers Rest

Bank of Travelers Rest

TRAVELERS REST, SC 29690

⭐ SBA Preferred Lender
41
Loans Approved
$25.3M
Total Volume
$618K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • All Other Specialty Trade Contractors
  • Snack and Nonalcoholic Beverage Bars
  • All Other Miscellaneous Fabricated Metal Product Manufacturing
  • Hotels (except Casino Hotels) and Motels
  • Full-Service Restaurants

Quick Summary

Bank of Travelers Rest is an SBA-approved lender headquartered in TRAVELERS REST, South Carolina. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 41 SBA 7(a) loans totaling $25.3M, with an average loan size of $618K. They primarily serve South Carolina businesses.

About Bank of Travelers Rest

Bank of Travelers Rest is an SBA-approved lender headquartered in TRAVELERS REST, South Carolina. Since 2020, they have approved 41 SBA 7(a) loans totaling $25.3M, with an average loan size of $618K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in South Carolina.

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Frequently Asked Questions

Is Bank of Travelers Rest an SBA Preferred Lender?

Yes, Bank of Travelers Rest is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has Bank of Travelers Rest approved?

According to SBA FOIA public records, Bank of Travelers Rest has approved 41 SBA 7(a) loans totaling $25.3M since 2020. Their average loan size is $618K.

What states does Bank of Travelers Rest serve?

Bank of Travelers Rest primarily serves businesses in South Carolina.

How do I apply for an SBA loan with Bank of Travelers Rest?

To apply for an SBA 7(a) loan with Bank of Travelers Rest, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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