Surveying and Mapping Services Bank Loans
Looking for bank loans for surveying and mapping services? An SBA loan may be just what you've been looking for. This $73,000 surveying and mapping services loan was issued by a North Carolina bank.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Self-Help Cu, out of Durham, North Carolina. The loan was granted and they received $73,000 to help grow their Cornelius, North Carolina business.
SBA Loan Borrower
COMPANY TYPE: SURVEYING SERVICES
CORNELIUS, NC 28031
SBA Loan Lender
SELF-HELP CU
301 W MAIN ST
DURHAM, NC 27701
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8713 - Surveying Services
NAICS Code
541370 - Surveying and Mapping Services
Loan Approval Date
2/13/2003
Loan Approval Gross Amount
$73,000
Loan Approval from the SBA
Of the total $73,000 loan amount, the SBA guaranteed $62,050.
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 3 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $73,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Investor Turnoffs
SBA Participating Banks in Durham, North Carolina
Browse All Business Loan Sources for North Carolina