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May 17, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Nags Head, Business Loans > The East Carolina Bank Nags Head Business Loans > Women's And Misses' Blouses And Shirts Loan | ||||
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SBA Lenders in Kill Devil Hills, North Carolina
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Kill Devil Hills, North Carolina Business Gets SBA-Guaranteed Funding from The East Carolina BankAn SBA loan from The East Carolina Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kill Devil Hills, North Carolina business owner got a $380,000 loan. This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with The East Carolina Bank, out of Nags Head, North Carolina. The loan was granted and they received $380,000 to help grow their Kill Devil Hills, North Carolina business. SBA Loan Borrower COMPANY TYPE: WOMEN'S AND MISSES' BLOUSES AND SHIRTS SBA Loan Lender THE EAST CAROLINA BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2331 - Women's and Misses' Blouses and Shirts Loan Approval Date 4/11/2000 Loan Approval Gross Amount $380,000 Loan Approval from the SBA Of the total $380,000 loan amount, the SBA guaranteed $285,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. 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 $380,000 loan. Remember, things become real when you believe you can achieve them! 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: Best Banks in Nags Head, North Carolina
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