South Carolina Entrepreneur Secures Financing to Buy Partyland retail Party Goods Franchise
Borrowing money to purchase a Partyland retail Party Goods franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Hilton Head Island, South Carolina needed money to invest in a Partyland retail Party Goods franchise back in 2002. Temecula Valley Bank issued an SBA franchise loan. Here are the details on this South Carolina small business loan.
SBA Loan Borrower
PARTY OF FOUR INC
HILTON HEAD ISLAND, SC 29926
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
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
453998 - Store Retailers
Loan Approval Date
7/2/2002
Loan Approval Gross Amount
$186,500
Loan Approval from the SBA
Of the total $186,500 loan amount, the SBA guaranteed $139,875.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Partyland retail Party Goods franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Temecula Valley Bank 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:
Party Land
Obtaining Funding - How to Borrow Money
SBA Approved Banks in Temecula, California
California SBA 7A Lenders