Charlotte, North Carolina Bank Gives SBA Loan to International Trade Financing Company
Find Charlotte, North Carolina banks that specialize in SBA loans and know how to work with entrepreneurs. Bb&t Investment Services, Inc is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Gilbert, South Carolina starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Bb&t Investment Services, Inc. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: INTERNATIONAL TRADE FINANCING
GILBERT, SC 29054
SBA Loan Lender
BB&T INVESTMENT SERVICES, INC
200 S COLLEGE ST, 9TH FL
CHARLOTTE, NC 28202
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
522293 - International Trade Financing
Loan Approval Date
8/1/2005
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $225,000.
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 only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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 $250,000 loan. Remember, feel the fear, and do it anyway.
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:
SBIR Funding
Find an SBA Lender in Charlotte, North Carolina
Getting an SBA Loan in North Carolina