Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Best Banks in South Carolina

 

 
Loan Census SBA Loan Info

Business Loans for Scenic and Sightseeing Transportation, Water

Looking for business loans for scenic and sightseeing transportation, water? Talk to a banker who works with the SBA. This $225,600 scenic and sightseeing transportation, water loan was issued by a South Carolina bank.

Getting a small business loan in Summerville, South Carolina was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Ameris Bank, operating out of Beaufort, South Carolina. Here are the details on this South Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, WATER
SUMMERVILLE, SC 29485

SBA Loan Lender

AMERIS BANK
2348 BOUNDARY ST
BEAUFORT, SC 29902

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

487210 - Scenic and Sightseeing Transportation, Water

Loan Approval Date

9/2/2005

Loan Approval Gross Amount

$225,600

Loan Approval from the SBA

Of the total $225,600 loan amount, the SBA guaranteed $169,200.

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 did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Advice on Getting a Small Business Loan

SBA Participating Banks in Beaufort, South Carolina

Find an SBA Lender in South Carolina