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May 4, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Florists Loan | ||||
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How to Get SBA Money in Summerville, South Carolina
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Summerville, South Carolina Entrepreneur Gets a Bank LoanBusiness loans in South Carolina are are few and far betweeen these days. We take a look at one South Carolina business loan, provided by a California bank, that was approved by the SBA. This small business, based in Summerville, South Carolina, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Community W. Bank. We've got the inside scoop on this South Carolina small business loan. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender COMMUNITY W. BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453110 - Florists Loan Approval Date 11/21/2000 Loan Approval Gross Amount $310,000 Loan Approval from the SBA Of the total $310,000 loan amount, the SBA guaranteed $232,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours 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: Determining Proper Capital Structure for a Business Best Goleta, California Banks for Small Business
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