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May 15, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Mount Airy, Business Loans > Surrey Bank & Trust Mount Airy Business Loans > Secretarial And Court Reporting Services Loan | ||||
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Banks Doing SBA Loans in North Carolina
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Mount Airy, North Carolina Bank Gives SBA Loan to Secretarial And Court Reporting Services CompanyGet SBA loans from a Mount Airy, North Carolina bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Surrey Bank & Trust is a Mount Airy, North Carolina small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Virginia company. SBA Loan Borrower COMPANY TYPE: SECRETARIAL AND COURT REPORTING SERVICES SBA Loan Lender SURREY BANK & TRUST This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7338 - Secretarial and Court Reporting Services NAICS Code 561410 - Document Preparation Services Loan Approval Date 12/8/2000 Loan Approval Gross Amount $111,000 Loan Approval from the SBA Of the total $111,000 loan amount, the SBA guaranteed $83,250. 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 81 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Surrey Bank & Trust and they will explain how you can get an SBA loan for your company. 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: Obtaining Funding - How to Decide How Much to Raise Best Banks for Small Business in Mount Airy, North Carolina North Carolina SBA Bank Lenders
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