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November 15, 2024  
 
 
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Raising Money in Hudson, North Carolina With SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Services to Buildings and Dwellings

Looking for business loans for services to buildings and dwellings? An SBA loan may be just what you've been looking for. This $76,912 services to buildings and dwellings loan was issued by a North Carolina bank.

This small business knew how to go about getting a business bank loan. Based in Hudson, North Carolina, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Bank Of Granite, based in Granite Falls, North Carolina.

SBA Loan Borrower

COMPANY TYPE: SERVICES TO BUILDINGS AND DWELLINGS
HUDSON, NC 28638

SBA Loan Lender

BANK OF GRANITE
23 N MAIN ST
GRANITE FALLS, NC 28630

This lender processed this SBA loan 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

561790 - Services to Buildings and Dwellings

Loan Approval Date

12/3/2007

Loan Approval Gross Amount

$76,912

Loan Approval from the SBA

Of the total $76,912 loan amount, the SBA guaranteed $38,456.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $76,912 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Understanding Dilution

SBA 7A Banks in Granite Falls, North Carolina

North Carolina SBA 7A Lenders