Claremont, North Carolina Business Gets SBA-Guaranteed Funding from Branch Bank & Trust

Branch Bank & Trust has a track record as a leading provider of SBA loans. Find out how this North Carolina entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Claremont, North Carolina was able to borrow $66,800 from Branch Bank & Trust. The SBA made the loan possible by guaranteeing $33,400 of this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: MARKETING CONSULTING SERVICES
CLAREMONT, NC 28610

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

This 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

541613 - Marketing Consulting Services

Loan Approval Date

7/15/2005

Loan Approval Gross Amount

$66,800

Loan Approval from the SBA

Of the total $66,800 loan amount, the SBA guaranteed $33,400.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Claremont NC, you ought to talk with a local Claremont SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Claremont businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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