First Fed. S & L Assoc - Charl SBA Loan to Digital Printing Company

An SBA loan from First Fed. S & L Assoc - Charl typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Mount Pleasant, South Carolina business owner got a $100,000 loan.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Fed. S & L Assoc - Charl, out of Charleston, South Carolina. The loan was granted and they received $100,000 to help grow their Mount Pleasant, South Carolina business.

SBA Loan Borrower

COMPANY TYPE: DIGITAL PRINTING
MOUNT PLEASANT, SC 29464

SBA Loan Lender

FIRST FED. S & L ASSOC - CHARL
34 BROAD ST
CHARLESTON, SC 29401

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323115 - Digital Printing

Loan Approval Date

7/9/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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