Loans for Store Retailers

Looking for loans for store retailers? The SBA may be the answer. This $456,300 store retailers loan was issued by a South Carolina bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rock Hill, South Carolina was able to borrow $456,300 from Provident Commun Bank. The SBA made the loan possible by guaranteeing $342,225 of this South Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: STORE RETAILERS
ROCK HILL, SC 29730

SBA Loan Lender

PROVIDENT COMMUN BANK
2700 CELANESE RD
ROCK HILL, SC 29732

This lender issued this loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

4/26/2005

Loan Approval Gross Amount

$456,300

Loan Approval from the SBA

Of the total $456,300 loan amount, the SBA guaranteed $342,225.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in Rock Hill or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

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SBA 7A Banks in Rock Hill, South Carolina

SBA Lenders in South Carolina