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December 21, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Myrtle Beach, Business Loans > Beach First National Bank Myrtle Beach Business Loans > Atlanta Bread Company Loan | ||||
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Murrells Inlet, South Carolina Bank Loan
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Beach First National Bank Provides SBA Loan to Buy Atlanta Bread Company FranchiseNeed a loan to purchase an Atlanta Bread Company franchise? Beach First National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Murrells Inlet, South Carolina needed money to invest in an Atlanta Bread Company franchise back in 2005. Beach First National Bank issued an SBA franchise loan. Here are the details on this South Carolina small business loan. SBA Loan Borrower ATLANTA BREAD COMPANY SBA Loan Lender BEACH FIRST NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 1/10/2005 Loan Approval Gross Amount $450,000 Loan Approval from the SBA Of the total $450,000 loan amount, the SBA guaranteed $337,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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 Beach 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: Borrowing Money from Friends and Family Small Bank Loans in Myrtle Beach, South Carolina SBA Participating Banks in South Carolina
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