Small business lending hot in the Upstate

By Mike Switzer

Published January 31, 2024 at 6:30 AM EST

Beth Hallock, president of SBA lending at United Community Bank in Greenville, SC

The US Small Business Administration facilitates a lot of small business loans all across the country. A small Upstate bank actually broke into the top 25 list of SBA lenders last year with more than $177 million in SBA loans. That’s out of more than 1,500 banks nationwide. Mike Switzer interviews Beth Hallock, president of SBA lending at United Community Bank in Greenville, SC.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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