Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

South Carolina Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Holloween Express Franchise Issued By First Fed. S & L Assoc - Charl

Need money to buy a Holloween Express franchise? First Fed. S & L Assoc - Charl has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Holloween Express franchise requires some effort but others before you have been successful. In 2005, First Fed. S & L Assoc - Charl issued an SBA franchise loan to an entrepreneur in North Charleston, South Carolina. Because Holloween Express was registered with the SBA's registry of franchises, this South Carolina small business loan was issued on an expedited basis.

SBA Loan Borrower

MUMMY'S LIL MONSTERS LLC
NORTH CHARLESTON, SC 29406

SBA Loan Lender

FIRST FED. S & L ASSOC - CHARL
34 BROAD ST
CHARLESTON, SC 29401

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

448190 - Clothing Stores

Loan Approval Date

7/5/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Holloween Express franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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