Industrial Valve Manufacturing Small Business Loans

Looking for small business loans for industrial valve manufacturing? Try the SBA. This $21,000 industrial valve manufacturing loan was issued by a North Carolina bank.

This small firm knew how to go about getting a business bank loan. Based in Monroe, North Carolina, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First Charter Bank, based in Charlotte, North Carolina.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL VALVES
MONROE, NC 28110

SBA Loan Lender

FIRST CHARTER BANK
4500 CAMERON VALLEY PKWY
CHARLOTTE, NC 28222

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.

SIC Code

3491 - Industrial Valves

NAICS Code

332911 - Industrial Valve Manufacturing

Loan Approval Date

6/23/2000

Loan Approval Gross Amount

$21,000

Loan Approval from the SBA

Of the total $21,000 loan amount, the SBA guaranteed $18,900.

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 14 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Monroe or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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