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May 15, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > North Wilkesboro, Business Loans > Communityone Bank North Wilkesboro Business Loans > Sawmills Loan | ||||
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How Do We Get a Business Loan in North Wilkesboro, North Carolina?
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Loans for SawmillsLooking for loans for sawmills? The SBA may be the answer. This $100,000 sawmills loan was issued by a North Carolina bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Wilkesboro, North Carolina was able to borrow $100,000 from Communityone Bank. The SBA made the loan possible by guaranteeing $90,000 of this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: SAWMILLS SBA Loan Lender COMMUNITYONE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 321113 - Sawmills Loan Approval Date 8/7/2001 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $90,000. 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 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Find an SBA Lender in North Wilkesboro, North Carolina
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