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December 22, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > Household Textile Product Mills Loan | ||||
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SBA Lender Charlotte
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Charlotte, North Carolina Bank Lends Money to Household Textile Product Mills Company in Des Moines, IowaWant to talk with a Charlotte, North Carolina bank about an SBA loan? Here's one Iowa business loan, issued by a Charlotte bank, that was approved by the SBA. Applying for an SBA loan with Bank Of America worked out well for our friends at one local firm in Des Moines, Iowa. They got an SBA loan for $17,500. Great job! SBA Loan Borrower COMPANY TYPE: HOUSEHOLD TEXTILE PRODUCT MILLS SBA Loan Lender BANK OF AMERICA The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 314129 - Household Textile Product Mills Loan Approval Date 3/22/2002 Loan Approval Gross Amount $17,500 Loan Approval from the SBA Of the total $17,500 loan amount, the SBA guaranteed $8,750. 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 loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money This SBA loan was for $17,500. How would you spend $17,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding - Friends and Family Find an SBA Lender in Charlotte, North Carolina
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