Business Loan from Business Carolina, Inc. Given to Pharmacies And Drug Stores Company

An SBA loan from Business Carolina, Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Marlinton, West Virginia business owner got a $1,540,000 loan.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Business Carolina, Inc., out of Columbia, South Carolina. The loan was granted and they received $1,540,000 to help grow their Marlinton, West Virginia business.

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
MARLINTON, WV 24954

SBA Loan Lender

BUSINESS CAROLINA, INC.
1441 MAIN ST., SUITE 900
COLUMBIA, SC 29201

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446110 - Pharmacies and Drug Stores

Loan Approval Date

5/24/2007

Loan Approval Gross Amount

$1,540,000

Loan Approval from the SBA

Of the total $1,540,000 loan amount, the SBA guaranteed $1,155,000.

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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Marlinton WV, you ought to talk with a local Marlinton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marlinton businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Angel Investors

Small Business Banks in Columbia, South Carolina

South Carolina SBA Bank Lenders