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December 22, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Mount Airy, Business Loans > Surrey Bank & Trust Mount Airy Business Loans > General Long-Distance, Less-Than-One-Truckload Freight Trucking Loan | ||||
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Dobson, North Carolina Bank for SBA Loans
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Commercial Loans for General Long-Distance, Less-Than-One-Truckload Freight TruckingLooking for commercial loans for general long-distance, less-than-one-truckload freight trucking? Talk to a banker who works with the SBA. This $50,000 general long-distance, less-than-one-truckload freight trucking loan was issued by a North Carolina bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dobson, North Carolina was able to borrow $50,000 from Surrey Bank & Trust. The SBA made the loan possible by guaranteeing $42,500 of this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: GENERAL LONG-DISTANCE, LESS-THAN-ONE-TRUCKLOAD FREIGHT TRUCKING SBA Loan Lender SURREY BANK & TRUST This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 484122 - General Long-Distance, Less-Than-One-Truckload Freight Trucking Loan Approval Date 8/22/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Surrey Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA 7A Banks for Mount Airy, North Carolina Loans
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