Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Winston Salem, North Carolina Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Winston Salem, North Carolina Lender Lends Money to Dentists Company

Want to talk with a Winston Salem, North Carolina bank about a small business loan? Here's one Kentucky business loan, issued by a Winston Salem bank, that was approved by the SBA.

Applying for an SBA loan with Branch Bank & Trust worked out well for our friends at one local business in Lexington, Kentucky. They received an SBA loan for $248,900. Great job!

SBA Loan Borrower

COMPANY TYPE: DENTISTS
LEXINGTON, KY 40517

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

This lender processed this debt financing 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

621210 - Dentists

Loan Approval Date

9/27/2007

Loan Approval Gross Amount

$248,900

Loan Approval from the SBA

Of the total $248,900 loan amount, the SBA guaranteed $124,450.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 $248,900 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:

Financing Your Business

Who Lends Money to Small Businesses in Winston Salem, North Carolina

Where to Get an SBA Loan North Carolina