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November 21, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Full-Service Restaurants Loan | ||||
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SBA Lenders in South Carolina
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Greenville, South Carolina Business Gets SBA-Guaranteed Funding from Small Business Loan Source LLCSmall Business Loan Source LLC and the SBA work together to get business loans for growing small businesses. Here's an example of how a South Carolina entrepreneur was able to get a loan to take a small business to the next level. This small firm knew how to go about getting a business bank loan. Based in Greenville, South Carolina, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Small Business Loan Source LLC, based in Houston, Texas. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC 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 722110 - Full-Service Restaurants Loan Approval Date 3/23/2007 Loan Approval Gross Amount $334,000 Loan Approval from the SBA Of the total $334,000 loan amount, the SBA guaranteed $250,500. 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 2 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $334,000. How would you spend $334,000 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:
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