Loan Census Banking News and Information
May 13, 2024  
 
 
  Business Loan Information  
 

Winston Salem, North Carolina SBA Banks

 

 
Loan Census SBA Loan Info

Winston Salem, North Carolina Lender Lends Money to Pet Care Services Company

Thinking about meeting with a Winston Salem, North Carolina bank about an SBA loan? Here's one Oregon business loan, issued by a Winston Salem bank, that was approved by the SBA.

Applying for an SBA loan with Branch Bank & Trust worked out well for our friends at one local firm in Hood River, Oregon. They got an SBA loan for $1,530,000. Nice!

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
HOOD RIVER, OR 97031

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

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

812910 - Pet Care Services

Loan Approval Date

12/21/2004

Loan Approval Gross Amount

$1,530,000

Loan Approval from the SBA

Of the total $1,530,000 loan amount, the SBA guaranteed $1,147,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.

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

If you are wondering how to raise money for a business in Hood River OR, you ought to talk with a local Hood River SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hood River businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Branch Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Family and Friend Investors - Your First Financiers

SBA 7A Banks for Winston Salem, North Carolina Loans

North Carolina SBA Bank Lenders