Entrepreneur Works With Charlotte, North Carolina Bank to Get an SBA Loan
Get to know Charlotte, North Carolina banks that specialize in SBA loans and know how to work with entrepreneurs. Bank Of America is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Elk Grove, California starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Bank Of America. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: CLOTHING STORES
ELK GROVE, CA 95757
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This SBA bank loan 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
448190 - Clothing Stores
Loan Approval Date
4/11/2007
Loan Approval Gross Amount
$28,500
Loan Approval from the SBA
Of the total $28,500 loan amount, the SBA guaranteed $14,250.
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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start business in Elk Grove CA, you ought to talk with a local Elk Grove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Elk Grove businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Financing Your Business
Who Lends Money to Small Businesses in Charlotte, North Carolina
SBA Lenders in North Carolina