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November 15, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Beaufort, Business Loans > Ameris Bank Beaufort Business Loans > Top And Body Repair And Paint Shops Loan | ||||
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Banks Doing SBA Loans in South Carolina
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Beaufort, South Carolina Bank Lends Money to Top And Body Repair And Paint Shops Company in Beaufort, South CarolinaWant to talk with a Beaufort, South Carolina bank about a small business loan? Here's one South Carolina business loan, issued by a Beaufort bank, that was approved by the SBA. Applying for an SBA loan with Ameris Bank worked out well for our friends at one local firm in Beaufort, South Carolina. They received an SBA loan for $135,000. Great job! SBA Loan Borrower COMPANY TYPE: TOP AND BODY REPAIR AND PAINT SHOPS SBA Loan Lender AMERIS BANK 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 7532 - Top and Body Repair and Paint Shops NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 2/5/2003 Loan Approval Gross Amount $135,000 Loan Approval from the SBA Of the total $135,000 loan amount, the SBA guaranteed $114,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Ameris Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Realistic Debt Financing Options Best Beaufort, South Carolina Banks for Small Business
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