Get an SBA Loan for Doll and Stuffed Toy Manufacturing

Looking for small business loans for doll and stuffed toy manufacturing? Try the SBA. This $80,000 doll and stuffed toy manufacturing loan was issued by a South Carolina bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Myrtle Beach, South Carolina was able to borrow $80,000 from Branch Bank & Trust. The SBA made the loan possible by guaranteeing $68,000 of this South Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: DOLLS AND STUFFED TOYS
MYRTLE BEACH, SC 29569

SBA Loan Lender

BRANCH BANK & TRUST
1602 HWY 17
LITTLE RIVER, SC 29566

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3942 - Dolls and Stuffed Toys

NAICS Code

339931 - Doll and Stuffed Toy Manufacturing

Loan Approval Date

5/13/2002

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for 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.

Related Links:

How Much Venture Capital Is There?

Banks in Little River, South Carolina

South Carolina SBA Banks