Raising Money for Office Administrative Services
Looking for business loans for office administrative services? Talk to a banker who works with the SBA. This $37,000 office administrative services loan was issued by a North Carolina bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Glendale, California was able to borrow $37,000 from Bank Of America. The SBA made the loan possible by guaranteeing $18,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICE ADMINISTRATIVE SERVICES
GLENDALE, CA 91203
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This 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
561110 - Office Administrative Services
Loan Approval Date
12/9/2003
Loan Approval Gross Amount
$37,000
Loan Approval from the SBA
Of the total $37,000 loan amount, the SBA guaranteed $18,500.
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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $37,000. How would you spend $37,000 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 - How to Borrow Money
SBA Approved Banks in Charlotte, North Carolina
SBA North Carolina Lenders