How to Get a Loan for Management Consulting Services
Looking for SBA loans for management consulting services? Talk to a banker who works with the SBA. This $150,000 management consulting services loan was issued by a South Carolina bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mount Pleasant, South Carolina was able to borrow $150,000 from First Fed. S & L Assoc - Charl. The SBA made the loan possible by guaranteeing $75,000 of this South Carolina small business loan.
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
MOUNT PLEASANT, SC 29464
SBA Loan Lender
FIRST FED. S & L ASSOC - CHARL
34 BROAD ST
CHARLESTON, SC 29401
The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541618 - Management Consulting Services
Loan Approval Date
8/3/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First Fed. S & L Assoc - Charl 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:
Financing Your Business
Small Bank Loans in Charleston, South Carolina
South Carolina SBA 7A Banks