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November 14, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Mount Airy, Business Loans > Surrey Bank & Trust Mount Airy Business Loans > Highway, Street, And Bridge Construction Loan | ||||
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Mount Airy Bank Loan
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Mount Airy, North Carolina Bank Gives SBA Loan to Highway, Street, And Bridge Construction CompanyThinking about meeting with a Mount Airy, North Carolina bank about a business loan? Here's one North Carolina business loan, issued by a Mount Airy bank, that was approved by the SBA. Applying for an SBA loan with Surrey Bank & Trust worked out well for our friends at one local firm in Mount Airy, North Carolina. They received an SBA loan for $274,000. Way to go! SBA Loan Borrower COMPANY TYPE: HIGHWAY, STREET, AND BRIDGE CONSTRUCTION SBA Loan Lender SURREY BANK & TRUST This lender processed this 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 237310 - Highway, Street, and Bridge Construction Loan Approval Date 5/18/2004 Loan Approval Gross Amount $274,000 Loan Approval from the SBA Of the total $274,000 loan amount, the SBA guaranteed $137,000. 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 50 employees. This SBA loan request indicated that the loan would help retain 50 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Surrey Bank & Trust and they will explain how you can get an SBA loan for your company. 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: Best Banks in Mount Airy, North Carolina
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