Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

Good Banks for Orangeburg Entrepreneurs

 

 
Loan Census SBA Loan Info

Business Carolina, Inc. Provides SBA Loan to Buy Glass Doctor Franchise

Need money to purchase a Glass Doctor franchise? Business Carolina, Inc. has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Orangeburg, South Carolina needed money to invest in a Glass Doctor franchise back in 2004. Business Carolina, Inc. issued an SBA franchise loan. Here are the details on this South Carolina small business loan.

SBA Loan Borrower

GLASS DOCTOR
ORANGEBURG, SC 29115

SBA Loan Lender

BUSINESS CAROLINA, INC.
1441 MAIN ST., SUITE 900
COLUMBIA, SC 29201

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811122 - Automotive Glass Replacement Shops

Loan Approval Date

4/30/2004

Loan Approval Gross Amount

$78,000

Loan Approval from the SBA

Of the total $78,000 loan amount, the SBA guaranteed $66,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Glass Doctor franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Orangeburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Glass Doctor

Investor Turnoffs

Find an SBA Lender in Columbia, South Carolina

Browse All Business Loan Sources for South Carolina