Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

South Carolina Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Blimpie Franchise

Borrowing money to buy a Blimpie franchise? Business Devel Corp - So. Caro has a history of making these loans and they are guaranteed by the SBA.

If you live near North Charleston, South Carolina and are interested in buying a Blimpie franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Business Devel Corp - So. Caro. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BLIMPIE/PASTA CENTRAL
NORTH CHARLESTON, SC 29418

SBA Loan Lender

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

This commercial loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

6/28/2000

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in North Charleston SC, you ought to talk with a local North Charleston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Charleston 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.

Related Links:

Blimpie Subs & Salads

Attracting Investors

SBA Approved Banks in Columbia, South Carolina

SBA South Carolina Lenders