SBA lending record
First Choice Trans Inc
6650 Jet Part Road, Charleston, SC 29406 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.0M
Total SBA financing
1
Loan on record
FY2023
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is First Choice Trans Inc your business?
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The loan
$1,020,000 — FY2023
- Gross approval
- $1,020,000
- SBA guaranteed
- $765,000 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 7.5% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/3/2022
- First disbursement
- 12/1/2022
- Days to fund
- 28 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Millennium Bank
- Address
- 6650 Jet Part Road
- City
- Charleston, 29406
- County
- Charleston
- SBA district office
- SOUTH CAROLINA DISTRICT OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding general freight trucking, long-distance, truckload — by location, industry.
Similar businesses
Comparable general freight trucking, long-distance, truckload in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Kudu Transport Inc.
Ladson, SC· ~4 mi
General Freight Trucking, Long-Distance, Truckload
- $1.3M
- SBA financing
- ≈ $2.6M–$4.3M
- Est. revenue (rough)
Turner Transport LLC
Myrtle Beach, SC· ~78 mi
General Freight Trucking, Long-Distance, Truckload
- $981K
- SBA financing
- ≈ $1.9M–$3.2M
- Est. revenue (rough)
Hamm Transportation LLC
Ridgeway, SC· ~109 mi
General Freight Trucking, Long-Distance, Truckload
- $810K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
Direct Transportation, LLC
Ooltewah, TN· ~324 mi
General Freight Trucking, Long-Distance, Truckload
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
KALINKA TRANSPORT LLC
Boiling Springs, SC· ~184 mi
General Freight Trucking, Long-Distance, Truckload
- $800K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
V&S FREEWAY LOGISTICS L.L.C.
Charlotte, NC· ~154 mi
General Freight Trucking, Long-Distance, Truckload
- $650K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for First Choice Trans Inc in Charleston, SC (General Freight Trucking, Long-Distance, Truckload). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $1.0M
- On record FY2023
- 6 jobs supported
- Industry: General Freight Trucking, Long-Distance, Truckload
- Location: Charleston, SC
- Lender: Millennium Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Long-Distance, Truckload businesses in SC for ~$1.0M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is First Choice Trans Inc your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with First Choice Trans Inc.