Company Gets a North Carolina Small Business Loan
Want a North Carolina SBA loan? This North Carolina entrepreneur got an SBA loan, provided by a California bank that works with the SBA to help small business owners.
This company, based in Charlotte, North Carolina, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Temecula Valley Bank. We've got the inside scoop on this North Carolina small business loan.
SBA Loan Borrower
COMPANY TYPE: INORGANIC DYE AND PIGMENT MANUFACTURING
CHARLOTTE, NC 28217
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending history and a deep knowledge SBA loan requirements.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
325131 - Inorganic Dye and Pigment Manufacturing
Loan Approval Date
4/15/2002
Loan Approval Gross Amount
$630,000
Loan Approval from the SBA
Of the total $630,000 loan amount, the SBA guaranteed $472,500.
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 14 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Understanding Dilution
SBA 7A Banks for Temecula, California Loans
California SBA 7A Lenders