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May 17, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Myrtle Beach, Business Loans > Beach First National Bank Myrtle Beach Business Loans > Amusement And Theme Parks Loan | ||||
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Murrells Inlet, South Carolina Bank Loan
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Amusement and Theme Parks SBA LoansLooking for SBA loans for amusement and theme parks? Talk to a banker who works with the SBA. This $380,000 amusement and theme parks loan was issued by a South Carolina bank. This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Beach First National Bank, out of Myrtle Beach, South Carolina. The loan was granted and they received $380,000 to help grow their Murrells Inlet, South Carolina business. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND THEME PARKS SBA Loan Lender BEACH FIRST NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide small business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713110 - Amusement and Theme Parks Loan Approval Date 1/24/2006 Loan Approval Gross Amount $380,000 Loan Approval from the SBA Of the total $380,000 loan amount, the SBA guaranteed $285,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan 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. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Who Lends Money to Small Businesses in Myrtle Beach, South Carolina Browse All Business Loan Sources for South Carolina
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