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November 15, 2024  
 
 
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Business Loans from Beach First National Bank

 

 
Loan Census SBA Loan Info

Business Loan from Beach First National Bank Given to Marketing Consulting Services Company

Beach First National Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a South Carolina entrepreneur was able to get a loan to take a small business to the next level.

This small firm knew how to go about getting a business bank loan. Based in N. Myrtle Beach, South Carolina, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Beach First National Bank, based in Myrtle Beach, South Carolina.

SBA Loan Borrower

COMPANY TYPE: MARKETING CONSULTING SERVICES
N. MYRTLE BEACH, SC 29582

SBA Loan Lender

BEACH FIRST NATIONAL BANK
3751 ROBERT M GRISSOM PKWY, S
MYRTLE BEACH, SC 29577

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541613 - Marketing Consulting Services

Loan Approval Date

10/28/2002

Loan Approval Gross Amount

$355,500

Loan Approval from the SBA

Of the total $355,500 loan amount, the SBA guaranteed $266,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $355,500. How would you spend $355,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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