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November 15, 2024  
 
 
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Loan Census SBA Loan Info

First Fed. S & L Assoc - Charl Provides SBA Loan to Buy Wood Re New Franchise

Borrowing money to buy a Wood Re New franchise? First Fed. S & L Assoc - Charl has a history of making these loans and they are guaranteed by the SBA.

Wood Re New franchise loans are available to Mount Pleasant, South Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Fed. S & L Assoc - Charl, based in Charleston, South Carolina, issued an SBA franchise loan for a Wood Re New franchise in 2006. We've got all the details on this South Carolina small business loan.

SBA Loan Borrower

WOOD RENEW
MOUNT PLEASANT, SC 29466

SBA Loan Lender

FIRST FED. S & L ASSOC - CHARL
34 BROAD ST
CHARLESTON, SC 29401

The lender provided this commercial 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

561790 - Services to Buildings and Dwellings

Loan Approval Date

2/16/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wood Re New franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help create 1 new job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? 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.

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