Greer, South Carolina Bank Gives SBA Loan to Custom Computer Programming Services Company

Want to talk with a Greer, South Carolina bank about an SBA loan? Here's one South Carolina business loan, issued by a Greer bank, that was approved by the SBA.

Applying for an SBA loan with Greer State Bank worked out well for our friends at one local firm in Greenville, South Carolina. The business was able to get an SBA loan for $454,260. Great job!

SBA Loan Borrower

COMPANY TYPE: CUSTOM COMPUTER PROGRAMMING SERVICES
GREENVILLE, SC 29601

SBA Loan Lender

GREER STATE BANK
1111 W POINSETT ST
GREER, SC 29650

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541511 - Custom Computer Programming Services

Loan Approval Date

1/24/2005

Loan Approval Gross Amount

$454,260

Loan Approval from the SBA

Of the total $454,260 loan amount, the SBA guaranteed $340,695.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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