Harrisburg, North Carolina Business Gets SBA-Guaranteed Funding from Bank Of The Carolinas

An SBA loan from Bank Of The Carolinas typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Harrisburg, North Carolina business owner got a $678,776 loan.

This business knew how to go about getting a business bank loan. Based in Harrisburg, North Carolina, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Bank Of The Carolinas, based in Harrisburg, North Carolina.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
HARRISBURG, NC 28075

SBA Loan Lender

BANK OF THE CAROLINAS
4350 MAIN ST
HARRISBURG, NC 28075

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

7/13/2004

Loan Approval Gross Amount

$678,776

Loan Approval from the SBA

Of the total $678,776 loan amount, the SBA guaranteed $509,082.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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