South Carolina Entrepreneur Secures Financing to Buy Pearle Vision Center Franchise

Need money to buy a Pearle Vision Center franchise? South Carolina Bank & Trust Natl has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Bluffton, South Carolina needed money to invest in a Pearle Vision Center franchise back in 2002. South Carolina Bank & Trust Natl issued an SBA franchise loan. Here are the details on this South Carolina small business loan.

SBA Loan Borrower

PEARLE VISION CENTER
BLUFFTON, SC 29910

SBA Loan Lender

SOUTH CAROLINA BANK & TRUST NATL
1328 FORDING ISLAND RD
BLUFFTON, SC 29910

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446130 - Optical Goods Stores

Loan Approval Date

10/23/2002

Loan Approval Gross Amount

$239,000

Loan Approval from the SBA

Of the total $239,000 loan amount, the SBA guaranteed $179,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pearle Vision Center franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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.

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