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May 18, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Whiteville, Business Loans > Waccamaw Bank Whiteville Business Loans > Forest Nurseries And Gathering Of Forest Products Loan | ||||
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Whiteville, North Carolina Bank for SBA Loans
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Whiteville, North Carolina Bank Gives SBA Loan to Forest Nurseries And Gathering Of Forest Products CompanyThinking about meeting with a Whiteville, North Carolina bank about a small business loan? Here's one North Carolina business loan, issued by a Whiteville bank, that was approved by the SBA. Applying for an SBA loan with Waccamaw Bank worked out well for our friends at one local business in Evergreen, North Carolina. They received an SBA loan for $56,000. Sweet! SBA Loan Borrower COMPANY TYPE: FOREST NURSERIES AND GATHERING OF FOREST PRODUCTS SBA Loan Lender WACCAMAW BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0831 - Forest Nurseries and Gathering of Forest Products NAICS Code 113210 - Forest Nurseries and Gathering of Forest Products Loan Approval Date 12/7/2001 Loan Approval Gross Amount $56,000 Loan Approval from the SBA Of the total $56,000 loan amount, the SBA guaranteed $47,600. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? 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: Small Business Banks in Whiteville, North Carolina
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