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December 19, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Savannah, Business Loans > Darby Bank & Trust Savannah Business Loans > Florists Loan | ||||
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Darby Bank & Trust
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Beaufort, South Carolina Business Gets SBA-Guaranteed Funding from Darby Bank & TrustDarby Bank & Trust has a track record as a leading provider of SBA loans. Find out how this South Carolina entrepreneur received an SBA loan from them. Getting a small business loan in Beaufort, South Carolina was an essential business goal for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Darby Bank & Trust, operating out of Savannah, Georgia. Here are the details on this South Carolina small business loan. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender DARBY BANK & TRUST This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5992 - Florists NAICS Code 453110 - Florists Loan Approval Date 4/9/2001 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $59,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for 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: How Much Venture Capital Is There? Find an SBA Lender in Savannah, Georgia
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