Kings Mountain, North Carolina Business Gets SBA-Guaranteed Funding from First National Business Cap.

First National Business Cap. has a track record as a leading provider of SBA loans. Find out how this North Carolina entrepreneur received an SBA loan from them.

Getting a small business loan in Kings Mountain, North Carolina was an essential business goal for this firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First National Business Cap., operating out of Greenville, South Carolina. Here are the details on this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: NARROW FABRIC MILLS
KINGS MOUNTAIN, NC 28086

SBA Loan Lender

FIRST NATIONAL BUSINESS CAP.
1204 A EAST WASHINGTON ST
GREENVILLE, SC 29601

This small business loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

313221 - Narrow Fabric Mills

Loan Approval Date

5/10/2005

Loan Approval Gross Amount

$424,000

Loan Approval from the SBA

Of the total $424,000 loan amount, the SBA guaranteed $318,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 15 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your 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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First National Business Cap. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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Where to Get an SBA Loan South Carolina