Lenoir, North Carolina Bank Lends Money to Ornamental Shrub And Tree Services Company in Lenoir, North Carolina

Get to know Lenoir, North Carolina banks that specialize in SBA loans and know how to work with entrepreneurs. Bank Of Granite is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Lenoir, North Carolina starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Bank Of Granite. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: ORNAMENTAL SHRUB AND TREE SERVICES
LENOIR, NC 28645

SBA Loan Lender

BANK OF GRANITE
701 WILKESBORO BLVD
LENOIR, NC 28645

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

0783 - Ornamental Shrub and Tree Services

NAICS Code

561730 - Landscaping Services

Loan Approval Date

11/8/2000

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $44,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Lenoir or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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