Charlotte, North Carolina Bank Gives SBA Loan to Mobile Food Services Company

Thinking about meeting with a Charlotte, North Carolina bank about an SBA loan? Here's one New York business loan, issued by a Charlotte bank, that was approved by the SBA.

Applying for an SBA loan with Wachovia Bank worked out well for our friends at one local firm in Bohemia, New York. They got an SBA loan for $25,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: MOBILE FOOD SERVICES
BOHEMIA, NY 11716

SBA Loan Lender

WACHOVIA BANK
301 S COLLEGE ST MAIN LOBBY
CHARLOTTE, NC 28202

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

722330 - Mobile Food Services

Loan Approval Date

1/17/2008

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 11 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 11 existing jobs.

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SBA loans provide money to small business owners for working capital for other expenses.

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.

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