 |
 |
May 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Granite Falls, Business Loans > Bank Of Granite Granite Falls Business Loans > Full-Service Restaurants Loan | ||||
 |
||||
Waxhaw Small Business Loans from Bank Of Granite
|
||||
 |
Waxhaw, North Carolina Business Gets SBA-Guaranteed Funding from Bank Of GraniteBank Of Granite and the SBA work together to get business loans for growing small businesses. Here's an example of how a North Carolina entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Waxhaw, North Carolina was an essential business goal for this firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Granite, operating out of Granite Falls, North Carolina. Here are the details on this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender BANK OF GRANITE This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 11/20/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a business in Waxhaw NC, you ought to talk with a local Waxhaw SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Waxhaw businesses. We can help you find the best banks for small businesses in Waxhaw 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. Related Links: A Company That Helps Entrepreneurs SBA Participating Banks in Granite Falls, North Carolina
|
|
||
|
||||
|
|
||||