Entrepreneur Works With Winston Salem, North Carolina Bank to Get an SBA Loan
Want to talk with a Winston Salem, North Carolina bank about a business loan? Here's one Georgia business loan, issued by a Winston Salem bank, that was approved by the SBA.
Applying for an SBA loan with Branch Bank & Trust worked out well for our friends at one local business in Decatur, Georgia. The business was able to get an SBA loan for $121,500. Awesome!
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
DECATUR, GA 30032
SBA Loan Lender
BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101
This debt financing 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
812990 - Personal Services
Loan Approval Date
12/14/2005
Loan Approval Gross Amount
$121,500
Loan Approval from the SBA
Of the total $121,500 loan amount, the SBA guaranteed $60,750.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $121,500 loan. Remember, where there is a will, there is a way!
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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