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.
Related Links:
Investor Turnoffs
SBA 7A Lenders in Myrtle Beach, South Carolina
South Carolina SBA 7A Lenders