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May 18, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Mount Airy, Business Loans > Surrey Bank & Trust Mount Airy Business Loans > Surgical And Medical Instrument Manufacturing Loan | ||||
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Business Loans for Dobson Businesses
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Getting an SBA Loan for Surgical and Medical Instrument ManufacturingLooking for commercial loans for surgical and medical instrument manufacturing? Talk to a banker who works with the SBA. This $1,000,000 surgical and medical instrument manufacturing loan was issued by a North Carolina bank. Getting a small business loan in Dobson, North Carolina was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Surrey Bank & Trust, operating out of Mount Airy, North Carolina. Here are the details on this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: SURGICAL AND MEDICAL INSTRUMENT MANUFACTURING SBA Loan Lender SURREY BANK & TRUST The lender provided this loan for a small business 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 339112 - Surgical and Medical Instrument Manufacturing Loan Approval Date 8/13/2004 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $500,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 27 employees. The loan application indicated that the loan would help retain 27 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Microlending as a Small Business Funding Source SBA Participating Banks in Mount Airy, North Carolina
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