Savvy Shopper Aiken, LLC
Savvy Shopper Aiken, LLC is a furniture retailer located in Aiken, South Carolina. The company was financed with an SBA 7(a) loan for a change of ownership of $835,000, approved on July 25, 2025 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Jul 25, 2025
$835,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $835,000
- SBA-guaranteed amount
- $626,250 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,805 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Aiken County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 30% of acquisition loans in Furniture Retailers on this site.
- Average acquisition loan in Furniture Retailers: $1,875,127.
- Average acquisition loan in South Carolina: $1,827,509.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in South Carolina
- J&K Home Furnishings, Goose Creek
- Seaside Furniture Gallery & Accents, Little River