Borrowing Money for Support Activities for Road Transportation

Looking for loans for support activities for road transportation? Try the SBA. This $53,100 support activities for road transportation loan was issued by a North Carolina bank.

This company received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Self-Help Cu, out of Durham, North Carolina. The loan was granted and they received $53,100 to help grow their Charlotte, North Carolina business.

SBA Loan Borrower

COMPANY TYPE: SUPPORT ACTIVITIES FOR ROAD TRANSPORTATION
CHARLOTTE, NC 28215

SBA Loan Lender

SELF-HELP CU
301 W MAIN ST
DURHAM, NC 27701

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

488490 - Support Activities for Road Transportation

Loan Approval Date

1/25/2008

Loan Approval Gross Amount

$53,100

Loan Approval from the SBA

Of the total $53,100 loan amount, the SBA guaranteed $45,135.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Charlotte NC, you ought to talk with a local Charlotte SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Charlotte businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

How to Raise Money

Small Business Banks in Durham, North Carolina

SBA Participating Banks in North Carolina