Entrepreneur Works With Mount Airy, North Carolina Bank to Get an SBA Loan
Want to talk 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 company in Mount Airy, North Carolina. The business was able to get an SBA loan for $78,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: QUICK PRINTING
MOUNT AIRY, NC 27030
SBA Loan Lender
SURREY BANK & TRUST
145 N RENFRO ST
MOUNT AIRY, NC 27030
The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
323114 - Quick Printing
Loan Approval Date
4/16/2003
Loan Approval Gross Amount
$78,000
Loan Approval from the SBA
Of the total $78,000 loan amount, the SBA guaranteed $39,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 45 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $78,000. How would you spend $78,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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