First Reliance Bank
FLORENCE, SC 29501
States Served
Top Industries Financed
- Used Household and Office Goods Moving
Quick Summary
First Reliance Bank is an SBA-approved lender headquartered in FLORENCE, South Carolina. Since 2020, they have approved 1 SBA 7(a) loans totaling $160K, with an average loan size of $160K. They primarily serve South Carolina businesses.
About First Reliance Bank
First Reliance Bank is an SBA-approved lender headquartered in FLORENCE, South Carolina. Since 2020, they have approved 1 SBA 7(a) loans totaling $160K, with an average loan size of $160K. They primarily serve businesses in South Carolina.
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Frequently Asked Questions
Is First Reliance Bank an SBA Preferred Lender?
First Reliance Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has First Reliance Bank approved?
According to SBA FOIA public records, First Reliance Bank has approved 1 SBA 7(a) loans totaling $160K since 2020. Their average loan size is $160K.
What states does First Reliance Bank serve?
First Reliance Bank primarily serves businesses in South Carolina.
How do I apply for an SBA loan with First Reliance Bank?
To apply for an SBA 7(a) loan with First Reliance Bank, 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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