Get an SBA Loan for Scenic and Sightseeing Transportation, Water
Looking for bank loans for scenic and sightseeing transportation, water? Try the SBA. This $150,000 scenic and sightseeing transportation, water loan was issued by a South Carolina bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Beaufort, South Carolina was able to borrow $150,000 from Ameris Bank. The SBA made the loan possible by guaranteeing $127,500 of this South Carolina small business loan.
SBA Loan Borrower
COMPANY TYPE: WATER TRANSPORTATION OF PASSENGERS
BEAUFORT, SC 29902
SBA Loan Lender
AMERIS BANK
2348 BOUNDARY ST
BEAUFORT, SC 29902
This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4489 - Water Transportation of Passengers
NAICS Code
487210 - Scenic and Sightseeing Transportation, Water
Loan Approval Date
1/28/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
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.
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