Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Simpsonville, South Carolina Bank Loan

 

 
Loan Census SBA Loan Info

Ncb, Fsb Provides SBA Loan to Buy Frozen Ropes Northshore Franchise

Need money to invest in a Frozen Ropes Northshore franchise? Ncb, Fsb has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Frozen Ropes Northshore franchise shouldn't be too tough. In 2007, Ncb, Fsb issued an SBA franchise loan to an entrepreneur in Simpsonville, South Carolina. Because Frozen Ropes Northshore was registered with the SBA's registry of franchises, this South Carolina small business loan was issued on an expedited basis.

SBA Loan Borrower

FROZEN ROPES SIMPSONVILL SC
SIMPSONVILLE, SC 29681

SBA Loan Lender

NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611620 - Sports and Recreation Instruction

Loan Approval Date

7/27/2007

Loan Approval Gross Amount

$306,000

Loan Approval from the SBA

Of the total $306,000 loan amount, the SBA guaranteed $229,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Frozen Ropes Northshore franchise. At the time of the loan, the company had 15 employees. The loan application indicated that the loan would help generate 13 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ncb, Fsb and they will explain how you can get an SBA loan for your company.

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:

Frozen Ropes Training Centers

Startup Funding Tip

Find an SBA Lender in Hillsboro, Ohio

SBA Participating Banks in Ohio