Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Hilton Head Island, South Carolina Bank Loan

 

 
Loan Census SBA Loan Info

South Carolina Entrepreneur Secures Financing to Buy Partyland retail Party Goods Franchise

Borrowing money to purchase a Partyland retail Party Goods franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Hilton Head Island, South Carolina needed money to invest in a Partyland retail Party Goods franchise back in 2002. Temecula Valley Bank issued an SBA franchise loan. Here are the details on this South Carolina small business loan.

SBA Loan Borrower

PARTY OF FOUR INC
HILTON HEAD ISLAND, SC 29926

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

7/2/2002

Loan Approval Gross Amount

$186,500

Loan Approval from the SBA

Of the total $186,500 loan amount, the SBA guaranteed $139,875.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Partyland retail Party Goods franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Temecula Valley Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Party Land

Obtaining Funding - How to Borrow Money

SBA Approved Banks in Temecula, California

California SBA 7A Lenders