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May 3, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Raleigh, Business Loans > Capital Bank Raleigh Business Loans > Pro Golf Of Wake County Loan | ||||
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Capital Bank SBA Franchise Loans
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Cary, NC Entrepreneur Gets SBA Loan to Buy Pro Golf FranchiseNeed a loan to buy a Pro Golf franchise? Capital Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Pro Golf franchise? If so, here's a 2003 SBA franchise loan that you should know about. Capital Bank was the lender and the entrepreneur was based in Cary, North Carolina. SBA Loan Borrower PRO GOLF OF WAKE COUNTY SBA Loan Lender CAPITAL BANK This SBA business loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA provides a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451110 - Sporting Goods Stores Loan Approval Date 4/1/2003 Loan Approval Gross Amount $240,000 Loan Approval from the SBA Of the total $240,000 loan amount, the SBA guaranteed $180,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Pro Golf franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. 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. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 - How to Decide How Much to Raise Who Lends Money to Small Businesses in Raleigh, North Carolina SBA Participating Banks in North Carolina
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