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December 22, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Private Mail Centers Loan | ||||
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SBA Lenders in South Carolina
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Business Loan from Community W. Bank Given to Private Mail Centers CompanyAn SBA loan from Community W. Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Spartanburg, South Carolina business owner got a $172,800 loan. Getting a small business loan in Spartanburg, South Carolina was an essential business goal for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Community W. Bank, operating out of Goleta, California. Here are the details on this South Carolina small business loan. SBA Loan Borrower COMPANY TYPE: PRIVATE MAIL CENTERS SBA Loan Lender COMMUNITY W. BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561431 - Private Mail Centers Loan Approval Date 9/27/2005 Loan Approval Gross Amount $172,800 Loan Approval from the SBA Of the total $172,800 loan amount, the SBA guaranteed $129,600. 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 only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community W. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community W. Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: SBA 7A Lenders in Goleta, California
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