The Heritage Bank SBA Loan to Management Services Company

Want a North Carolina small business loan? Here's one North Carolina business loan that was approved by the SBA.

This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with The Heritage Bank, out of Wilson, North Carolina. The loan was granted and they received $184,000 to help grow their Wilson, North Carolina business.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT SERVICES
WILSON, NC 27893

SBA Loan Lender

THE HERITAGE BANK
2300 NASH ST NORTH
WILSON, NC 27896

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8741 - Management Services

Loan Approval Date

2/29/2000

Loan Approval Gross Amount

$184,000

Loan Approval from the SBA

Of the total $184,000 loan amount, the SBA guaranteed $138,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 13 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Wilson NC, you ought to talk with a local Wilson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wilson 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 The Heritage Bank 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:

SBIR Funding

Small Bank Loans in Wilson, North Carolina

Getting an SBA Loan in North Carolina