Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

Raising Money in Greensboro, North Carolina With SBA Loans

 

 
Loan Census SBA Loan Info

Software Publishers SBA Loans

Looking for SBA loans for software publishers? Talk to a banker who works with the SBA. This $84,500 software publishers loan was issued by a North Carolina bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Greensboro, North Carolina was able to borrow $84,500 from Bank Of Oak Ridge. The SBA made the loan possible by guaranteeing $71,825 of this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: SOFTWARE PUBLISHERS
GREENSBORO, NC 27410

SBA Loan Lender

BANK OF OAK RIDGE
2211 OAK RIDGE RD
OAK RIDGE, NC 27310

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511210 - Software Publishers

Loan Approval Date

1/8/2002

Loan Approval Gross Amount

$84,500

Loan Approval from the SBA

Of the total $84,500 loan amount, the SBA guaranteed $71,825.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Oak Ridge and they will explain how you can get an SBA loan for your company.

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:

A Company That Helps Entrepreneurs

SBA 7A Banks in Oak Ridge, North Carolina

SBA Lenders in North Carolina