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December 22, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Salt Lake City, Business Loans > Merrill Lynch Bank Usa Salt Lake City Business Loans > Heavy Construction Loan | ||||
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North Carolina Small Business Funding
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Where to Get Capital for Industrial Nonbuilding Structure ConstructionLooking for small business loans for industrial nonbuilding structure construction? Try the SBA. This $360,000 industrial nonbuilding structure construction loan was issued by an Utah bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dunn, North Carolina was able to borrow $360,000 from Merrill Lynch Bank Usa. The SBA made the loan possible by guaranteeing $270,000 of this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: HEAVY CONSTRUCTION SBA Loan Lender MERRILL LYNCH BANK USA This loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1629 - Heavy Construction NAICS Code 234930 - Industrial Nonbuilding Structure Construction Loan Approval Date 10/23/2000 Loan Approval Gross Amount $360,000 Loan Approval from the SBA Of the total $360,000 loan amount, the SBA guaranteed $270,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 1629 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. 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. Related Links: SBA 7A Banks for Salt Lake City, Utah Loans
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