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November 21, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Scottish Inn Loan | ||||
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Hardeeville, South Carolina Bank for SBA Loans
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Zions First National Bank Provides SBA Loan to Buy Scottish Inns FranchiseBorrowing money to buy a Scottish Inns franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Hardeeville, South Carolina needed money to invest in a Scottish Inns franchise back in 2000. Zions First National Bank issued an SBA franchise loan. Here are the details on this South Carolina small business loan. SBA Loan Borrower SCOTTISH INN SBA Loan Lender ZIONS FIRST NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 10/6/2000 Loan Approval Gross Amount $1,100,000 Loan Approval from the SBA Of the total $1,100,000 loan amount, the SBA guaranteed $749,991. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Scottish Inns franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Zions First National Bank and they will explain how you can get an SBA loan for your company. 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: SBA 7A Lenders in West Valley City, Utah
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