South Carolina Business Loan Issued to Offices And Clinics Of Chiropractors Company

Business loans in South Carolina are tough to come by these days. We take a look at one South Carolina business loan, provided by a South Carolina bank, that was approved by the SBA.

You can learn something about getting a small business loan in Beaufort, South Carolina by studying this loan to a local business, made back in 2004. Banks like Lowcountry National Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
BEAUFORT, SC 29906

SBA Loan Lender

LOWCOUNTRY NATIONAL BANK
36 SEA ISLAND PKWY
BEAUFORT, SC 29907

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.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Chiropractors

Loan Approval Date

1/15/2004

Loan Approval Gross Amount

$112,000

Loan Approval from the SBA

Of the total $112,000 loan amount, the SBA guaranteed $95,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Beaufort SC, you ought to talk with a local Beaufort SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beaufort businesses.

This SBA loan was for $112,000. How would you spend $112,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Accountant's Role in Securing Financing

SBA 7A Banks in Beaufort, South Carolina

Getting a Business Loan in South Carolina