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First Choice Trans Inc — SBA Loan Record (Charleston, SC) | DealRoom

Intelligence/General Freight Trucking, Long-Distance, Truckload/SC

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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?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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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

Millennium Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding general freight trucking, long-distance, truckload — by location, industry.

SBA lenders in South Carolina Lenders for general freight trucking, long-distance, truckload General Freight Trucking, Long-Distance, Truckload lenders in South Carolina

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). DealRoom 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. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/first-choice-trans-inc-sc
API:: https://dealroom.so/api/public/businesses/first-choice-trans-inc-sc
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is First Choice Trans Inc your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom 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.