Getting an SBA Loan for Certified Public Accountants

With these SBA loans for certified public accountants, the SBA guarantees the lender that the loan will be repaid. This certified public accountants loan for $89,500 was given to a South Carolina entrepreneur in 2001.

This business knew how to go about getting a business bank loan. Based in Myrtle Beach, South Carolina, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Carolina First Bank, based in Georgetown, South Carolina.

SBA Loan Borrower

COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
MYRTLE BEACH, SC 29578

SBA Loan Lender

CAROLINA FIRST BANK
1031 FRONT ST
GEORGETOWN, SC 29440

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541211 - Certified Public Accountants

Loan Approval Date

1/10/2001

Loan Approval Gross Amount

$89,500

Loan Approval from the SBA

Of the total $89,500 loan amount, the SBA guaranteed $71,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Direct Public Offerings

Who Lends Money to Small Businesses in Georgetown, South Carolina

South Carolina SBA 7A Lenders