Retail & Shops · lender intelligence
How to finance a Plato's Closet in South Carolina
The SBA 7(a) lenders funding the most Plato's Closet deals in South Carolina, from public loan records — typical Plato's Closet loan about $467K. A bank already funding the brand in your state knows it twice over.
Most active with Plato's Closet in South Carolina
Ranked by funded Plato's Closet loans in South Carolina. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
- 2.1 loans · $1M · Lincoln, NEFull record →
- 3.62 loans · $34M · Winter Haven, FLFull record →
4+ funded Plato's Closet in South Carolina deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Plato's Closet in Columbia, SC — $500K (2023) · SouthState Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $375K (75%)
- Approval → funding
- 14 days
- Approved
- 3/22/2023
- First disbursed
- 4/5/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 21
- Business age
- New Business or 2 years or less
- Industry
- Clothing and Clothing Accessories Retailers
Funded by SouthState Bank, National Association · Lender record →
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- MJ and Pops LLC in Columbia, SC — $317K (2023) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $238K (75%)
- Approval → funding
- 8 days
- Approved
- 9/6/2023
- First disbursed
- 9/14/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 29
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Used Merchandise Retailers
Funded by The Huntington National Bank · Lender record →
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- MJ and Pops LLC in Columbia, SC — $30K (2023) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $15K (50%)
- Approval → funding
- 29 days
- Approved
- 9/6/2023
- First disbursed
- 10/5/2023
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 29
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Used Merchandise Retailers
Funded by The Huntington National Bank · Lender record →
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- CRAN PC SPARTANBURG LLC in Simpsonville, SC — $750K (2020) · purchase · Pinnacle Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $563K (75%)
- Approval → funding
- 53 days
- Approved
- 4/27/2020
- First disbursed
- 6/19/2020
- Loan status
- Paid in full (10/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Other Clothing Stores
If you were the buyer here
- Est. deal size
- $833K
- Est. down payment (10%)
- $83K
- Est. cash at closing
- $114K
- Monthly payment
- $7,955
- Annual debt service
- $95K
- Cash flow needed (1.25×)
- $119K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Pinnacle Bank · Lender record →
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Buying a Plato's Closet in South Carolina? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Plato's Closet loans with a South Carolina project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Plato's Closet purchase in South Carolina with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded South Carolina deals. The Huntington National Bank funds the most here. DealRoom is not a lender.
- $467K typical Plato's Closet loan
- 3 lenders active in South Carolina
- 4+ funded South Carolina deals
- 29 days typical to fund
Buyers buying a Plato's Closet in South Carolina typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: