SBA lending record
Reds Place LLC
6322 M W RICKENBAKER RD, Summerton, SC 29148 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$60K
Total SBA financing
1
Loan on record
FY2020
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Reds Place LLC your business?
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The loan
$60,000 — FY2020
- Gross approval
- $60,000
- SBA guaranteed
- $51,000 (85%)
- Status
- Cancelled
- Rate at approval
- 6% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/17/2020
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
- NAICS code
- 722511
- Lender
- First Merchants Bank
- Address
- 6322 M W RICKENBAKER RD
- City
- Summerton, 29148
- County
- Clarendon
- SBA district office
- SOUTH CAROLINA DISTRICT OFFICE
- Congressional district
- 6
The lender
Find SBA lenders for businesses like this
The banks most active funding full-service restaurants — by location, industry.
Similar businesses
Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
4-10 GROUP LLC
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- SBA financing
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- Est. revenue (rough)
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- SBA financing
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- Est. revenue (rough)
LADLESSOUPS MOUNT PLEASANT, LLC
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Full-Service Restaurants
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Owlbear Cafe LLC
Mount Pleasant, SC· ~55 mi
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- SBA financing
- ≈ $147K–$245K
- Est. revenue (rough)
Ruti, LLC
Sumter, SC· ~24 mi
Cinnaholic
- $186K
- SBA financing
- ≈ $365K–$608K
- Est. revenue (rough)
Bucks Pizza
Charleston, SC· ~52 mi
Buck's Pizza
- $100K
- SBA financing
- ≈ $196K–$327K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Reds Place LLC in Summerton, SC (Full-Service Restaurants). 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 $60K
- On record FY2020
- 10 jobs supported
- Industry: Full-Service Restaurants
- Location: Summerton, SC
- Lender: First Merchants Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in SC for ~$60k 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 Reds Place LLC 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 Reds Place LLC.