Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Summerville, South Carolina Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Commercial Loans for Painting and Wall Covering

Looking for commercial loans for painting and wall covering? Talk to a banker who works with the SBA. This $30,000 painting and wall covering loan was issued by a Virginia bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Summerville, South Carolina was able to borrow $30,000 from Capital One. The SBA made the loan possible by guaranteeing $15,000 of this South Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: PAINTING AND WALL COVERING
SUMMERVILLE, SC 29483

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

235210 - Painting and Wall Covering

Loan Approval Date

10/7/2002

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 15 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 15 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Summerville SC, you ought to talk with a local Summerville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Summerville businesses.

This SBA loan was for $30,000. How would you spend $30,000 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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