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May 4, 2024  
 
 
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Charlotte SBA Lenders

 

 
Loan Census SBA Loan Info

Charlotte, North Carolina Bank Lends Money to Converted Paper And Paperboard Products, N.E.C Company in San Angelo, Texas

Want to talk with a Charlotte, North Carolina bank about an SBA loan? Here's one Texas business loan, issued by a Charlotte bank, that was approved by the SBA.

Applying for an SBA loan with Bank Of America worked out well for our friends at one local business in San Angelo, Texas. The business was able to get an SBA loan for $205,900. Great job!

SBA Loan Borrower

COMPANY TYPE: CONVERTED PAPER AND PAPERBOARD PRODUCTS, N.E.C
SAN ANGELO, TX 76902

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2679 - Converted Paper and Paperboard Products, N.E.C

Loan Approval Date

4/13/2000

Loan Approval Gross Amount

$205,900

Loan Approval from the SBA

Of the total $205,900 loan amount, the SBA guaranteed $154,425.

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 10 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 $205,900 loan. Remember, if it to be, it is up to me!

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:

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SBA Approved Banks in Charlotte, North Carolina

SBA North Carolina Lenders