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November 15, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Dunn, Business Loans > New Century Bank Dunn Business Loans > Nursery And Garden Centers Loan | ||||
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North Carolina Bank SBA Loans
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Dunn, North Carolina Bank Lends Money to Nursery And Garden Centers Company in Goldsboro, North CarolinaWant to talk with a Dunn, North Carolina bank about an SBA loan? Here's one North Carolina business loan, issued by a Dunn bank, that was approved by the SBA. Applying for an SBA loan with New Century Bank worked out well for our friends at one local business in Goldsboro, North Carolina. The business was able to get an SBA loan for $387,000. Nice! SBA Loan Borrower COMPANY TYPE: NURSERY AND GARDEN CENTERS SBA Loan Lender NEW CENTURY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444220 - Nursery and Garden Centers Loan Approval Date 3/8/2005 Loan Approval Gross Amount $387,000 Loan Approval from the SBA Of the total $387,000 loan amount, the SBA guaranteed $290,250. 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 20 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like New Century Bank 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: The Friends and Family Network Where to Get an SBA Loan in Dunn, North Carolina
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