First Fed. S & L Assoc - Charl Provides SBA Loan to Buy Speedee Oil Change & Tune-Up Franchise

Need money to purchase a Speedee Oil Change & Tune-Up franchise? First Fed. S & L Assoc - Charl has a history of making these loans and they are guaranteed by the SBA.

Speedee Oil Change & Tune-Up franchise loans are available to Goose Creek, South Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Fed. S & L Assoc - Charl, based in Charleston, South Carolina, issued an SBA franchise loan for a Speedee Oil Change & Tune-Up franchise in 2004. We've got all the details on this South Carolina small business loan.

SBA Loan Borrower

C AND S LOGISTICS, INC.
GOOSE CREEK, SC 29445

SBA Loan Lender

FIRST FED. S & L ASSOC - CHARL
34 BROAD ST
CHARLESTON, SC 29401

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811191 - Automotive Oil Change and Lubrication Shops

Loan Approval Date

12/23/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Speedee Oil Change & Tune-Up franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Obtaining Funding - How to Borrow Money

Where to Get an SBA Loan in Charleston, South Carolina

South Carolina SBA 7A Lenders