Ameris Bank SBA Loan to No Industry Type Specified Company

Looking to get a South Carolina small business loan? Here's one South Carolina business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Mount Pleasant, South Carolina, they applied for and were given an SBA-guaranteed loan in 2006. The lending bank was Ameris Bank, based in Beaufort, South Carolina.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
MOUNT PLEASANT, SC 29464

SBA Loan Lender

AMERIS BANK
2348 BOUNDARY ST
BEAUFORT, SC 29902

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

516110 -

Loan Approval Date

9/13/2006

Loan Approval Gross Amount

$1,268,000

Loan Approval from the SBA

Of the total $1,268,000 loan amount, the SBA guaranteed $951,000.

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 only one employee. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Mount Pleasant SC, you ought to talk with a local Mount Pleasant SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mount Pleasant businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Small Business Loan

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