Manufactured Home Manufacturing Commercial Loans

Looking for commercial loans for manufactured home manufacturing? Talk to a banker who works with the SBA. This $50,000 manufactured home manufacturing loan was issued by a North Carolina bank.

Getting a small business loan in Greenville, North Carolina was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Southern Bank & Trust, operating out of Greenville, North Carolina. Here are the details on this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURED HOME MANUFACTURING
GREENVILLE, NC 27858

SBA Loan Lender

SOUTHERN BANK & TRUST
2310 S CHARLES BLVD
GREENVILLE, NC 27858

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321991 - Manufactured Home Manufacturing

Loan Approval Date

2/19/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 3 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Greenville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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SBA Approved Banks in Greenville, North Carolina

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