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May 15, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Albemarle, Business Loans > Bank Of Stanly Albemarle Business Loans > Industrial Machinery And Equipment Wholesalers Loan | ||||
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Banks for Albemarle Businesses
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Albemarle, North Carolina Entrepreneur Gets a Small Business LoanSearching for a North Carolina bank loan? This North Carolina entrepreneur got a bank loan, provided by a North Carolina bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Albemarle, North Carolina by studying this loan to a local company, made back in 2004. Banks like Bank Of Stanly may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL MACHINERY AND EQUIPMENT WHOLESALERS SBA Loan Lender BANK OF STANLY This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421830 - Industrial Machinery and Equipment Wholesalers Loan Approval Date 8/26/2004 Loan Approval Gross Amount $664,000 Loan Approval from the SBA Of the total $664,000 loan amount, the SBA guaranteed $498,000. 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 9 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 - Getting Venture Capital SBA Participating Banks in Albemarle, North Carolina Find an SBA Lender in North Carolina
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