Appalachian Development Corporation hires Michael Smith as Vice President

Appalachian Development Corporation (ADC) welcomes Michael Smith as their new Vice President. He will be working with banks, lenders, credit unions, and small businesses throughout South Carolina providing the SBA 504 Loans Program. He has been in banking in the Charleston area since 2007 and was most recently with First Federal Bank as a SBA Business Development Officer. Michael is originally from Macon, Georgia and graduated from Valdosta State University. He is a Board Member and Membership Director for the Rotary Club of Charleston and is also involved with the Mount Pleasant Sertoma Club, Charleston Chamber of Commerce and Mount Pleasant Chamber of Commerce.

The ADC has been a lending partner to businesses in South Carolina since 1982 and its purpose is to financially assist with the growth and development of business concerns of South Carolina. The SBA 504 Loan Program provides long-term, fixed rate, subordinate financing for acquisition, refinancing and/or renovation of capital assets including land, buildings, and equipment. Please contact us at 864/382-2350 or at

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