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May 13, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Granite Falls, Business Loans > Bank Of Granite Granite Falls Business Loans > Musical Instrument And Supplies Stores Loan | ||||
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Banks in Granite Falls, North Carolina That Make SBA Loans
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Granite Falls, North Carolina Bank Lends Money to Musical Instrument And Supplies Stores Company in Hickory, North CarolinaGet business loans from a Granite Falls, North Carolina bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Bank Of Granite is a Granite Falls, 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 North Carolina company. SBA Loan Borrower COMPANY TYPE: MUSICAL INSTRUMENT AND SUPPLIES STORES SBA Loan Lender BANK OF GRANITE The lender provided this SBA business 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 451140 - Musical Instrument and Supplies Stores Loan Approval Date 3/12/2003 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. 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 Bank Of Granite 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: Determining Proper Capital Structure for a Business Small Business Banks in Granite Falls, North Carolina Getting an SBA Loan in North Carolina
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