Get an SBA Loan for Golf Courses and Country Clubs

With these bank loans for golf courses and country clubs, the SBA guarantees the lender that the loan will be repaid. This golf courses and country clubs loan for $24,000 was given to a South Carolina entrepreneur in 2003.

This company knew how to go about getting a business bank loan. Based in Bluffton, South Carolina, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Carolina First Bank, based in Hilton Head Island, South Carolina.

SBA Loan Borrower

COMPANY TYPE: PUBLIC GOLF COURSES
BLUFFTON, SC 29910

SBA Loan Lender

CAROLINA FIRST BANK
62 NEW ORLEANS RD
HILTON HEAD ISLAND, SC 29228

This lender issued this particular loan 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

7992 - Public Golf Courses

NAICS Code

713910 - Golf Courses and Country Clubs

Loan Approval Date

6/26/2003

Loan Approval Gross Amount

$24,000

Loan Approval from the SBA

Of the total $24,000 loan amount, the SBA guaranteed $20,400.

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 only one employee. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Carolina First Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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Banks in Hilton Head Island, South Carolina

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