Services to Buildings and Dwellings Bank Loans
With these bank loans for services to buildings and dwellings, the SBA guarantees the lender that the loan will be repaid. This services to buildings and dwellings loan for $15,000 was given to a South Carolina entrepreneur in 2008.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anderson, South Carolina was able to borrow $15,000 from Innovative Bank. The SBA made the loan possible by guaranteeing $12,750 of this South Carolina small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES TO BUILDINGS AND DWELLINGS
ANDERSON, SC 29621
SBA Loan Lender
INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561790 - Services to Buildings and Dwellings
Loan Approval Date
1/7/2008
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $12,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 3 existing jobs.
Next Steps for Getting an SBA Loan
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Business Credit Evaluation
Good Banks for Small Business in Oakland, California
SBA Lenders in California