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

Need money to buy a Partyland retail Party Goods franchise? Business Devel Corp - So. Caro has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lexington, South Carolina needed money to invest in a Partyland retail Party Goods franchise back in 2000. Business Devel Corp - So. Caro issued an SBA franchise loan. Here are the details on this South Carolina small business loan.

SBA Loan Borrower

PARTYLAND
LEXINGTON, SC 29072

SBA Loan Lender

BUSINESS DEVEL CORP - SO. CARO
111 EXEC CENTER DR, STE 225
COLUMBIA, SC 29221

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

453220 - Gift, Novelty, and Souvenir Stores

Loan Approval Date

11/16/2000

Loan Approval Gross Amount

$256,000

Loan Approval from the SBA

Of the total $256,000 loan amount, the SBA guaranteed $192,000.

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 4 employees. This SBA loan request indicated that the borrowed money would help generate 4 new jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Lexington SC, you ought to talk with a local Lexington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lexington businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Business Devel Corp - So. Caro had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Business Devel Corp - So. Caro made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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

Bank Credit Lines

Banks in Columbia, South Carolina

South Carolina SBA Bank Lenders