Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Clemmons, North Carolina Small Businesses

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Ace Hardware Franchise

Need money to purchase an Ace Hardware franchise? Ncb, Fsb has a history of making these loans and they are guaranteed by the SBA.

Ace Hardware franchise loans are available to Clemmons, North Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ncb, Fsb, based in Hillsboro, Ohio, issued an SBA franchise loan for an Ace Hardware franchise in 2008. We've got all the details on this North Carolina small business loan.

SBA Loan Borrower

ACE HARDWARE OF STATESVILLE
CLEMMONS, NC 27012

SBA Loan Lender

NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

1/10/2008

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Ace Hardware franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $500,000 loan. Remember, feel the fear, and do it anyway.

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:

ACE Hardware

Find Start-Up Capital

Where to Get an SBA Loan in Hillsboro, Ohio

Ohio SBA 7A Banks