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November 21, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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Bank Of America Loans
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SBA Loans for Snack and Nonalcoholic Beverage BarsLooking for SBA loans for snack and nonalcoholic beverage bars? The SBA may be the answer. This $94,000 snack and nonalcoholic beverage bars loan was issued by a North Carolina bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $94,000 from Bank Of America. The SBA made the loan possible by guaranteeing $47,000 of this Nevada small business loan. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender BANK OF AMERICA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 11/10/2005 Loan Approval Gross Amount $94,000 Loan Approval from the SBA Of the total $94,000 loan amount, the SBA guaranteed $47,000. 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 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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. Related Links: Accountant's Role in Securing Financing SBA 7A Banks in Charlotte, North Carolina
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