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May 19, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Columbia, Business Loans > Business Devel Corp - So. Caro Columbia Business Loans > Health Practitioners Loan | ||||
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Business Devel Corp - So. Caro Small Business Loans Ridgeland
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Business Devel Corp - So. Caro SBA Loan to Health Practitioners CompanyBusiness Devel Corp - So. Caro has a track record as a leading provider of SBA loans. Find out how this South Carolina entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ridgeland, South Carolina was able to borrow $570,000 from Business Devel Corp - So. Caro. The SBA made the loan possible by guaranteeing $427,500 of this South Carolina small business loan. SBA Loan Borrower COMPANY TYPE: HEALTH PRACTITIONERS SBA Loan Lender BUSINESS DEVEL CORP - SO. CARO This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621399 - Health Practitioners Loan Approval Date 7/15/2003 Loan Approval Gross Amount $570,000 Loan Approval from the SBA Of the total $570,000 loan amount, the SBA guaranteed $427,500. 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. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $570,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Good Banks for Small Business in Columbia, South Carolina
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