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November 21, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > Wood Product Manufacturing Loan | ||||
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Tips for Business Owners On Getting a Loan
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Financing for Wood Product ManufacturingLooking for loans for wood product manufacturing? The SBA may be the answer. This $8,000 wood product manufacturing loan was issued by a North Carolina bank. This company knew how to go about getting a business bank loan. Based in Greenbrier, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bank Of America, based in Charlotte, North Carolina. SBA Loan Borrower COMPANY TYPE: WOOD PRODUCT MANUFACTURING SBA Loan Lender BANK OF AMERICA This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 321999 - Wood Product Manufacturing Loan Approval Date 6/24/2005 Loan Approval Gross Amount $8,000 Loan Approval from the SBA Of the total $8,000 loan amount, the SBA guaranteed $4,000. 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money This SBA loan was for $8,000. How would you spend $8,000 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: Dealing With Venture Capitalists Small Business Banks in Charlotte, North Carolina
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