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May 2, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Charlotte, Business Loans > Wachovia Bank Charlotte Business Loans > Podiatrists Loan | ||||
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Getting a Business Loan in Chapel Hill, North Carolina
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Chapel Hill, North Carolina Entrepreneur Gets a Bank LoanNorth CarolinaBank loans are available to North Carolina firms through the SBA. In this case, a North Carolina bank provides the loan. Getting a small business loan in Chapel Hill, North Carolina was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Bank. Here are the details on this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: PODIATRISTS SBA Loan Lender WACHOVIA BANK The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 621391 - Podiatrists Loan Approval Date 5/16/2003 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $35,000. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $70,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Accountant's Role in Securing Financing Small Bank Loans in Charlotte, North Carolina Getting a Business Loan in North Carolina
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