Get an SBA Loan for Clothing Stores

Looking for loans for clothing stores? The SBA may be the answer. This $235,000 clothing stores loan was issued by a South Carolina bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Business Devel Corp - So. Caro, out of Columbia, South Carolina. The loan was granted and they received $235,000 to help grow their Cayce, South Carolina business.

SBA Loan Borrower

COMPANY TYPE: CLOTHING STORES
CAYCE, SC 29033

SBA Loan Lender

BUSINESS DEVEL CORP - SO. CARO
111 EXEC CENTER DR, STE 225
COLUMBIA, SC 29221

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448190 - Clothing Stores

Loan Approval Date

4/28/2003

Loan Approval Gross Amount

$235,000

Loan Approval from the SBA

Of the total $235,000 loan amount, the SBA guaranteed $176,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

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

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Business Devel Corp - So. Caro 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.

Related Links:

The Art of Bootstrapping

Best Banks in Columbia, South Carolina

Browse All Business Loan Sources for South Carolina