Entrepreneur Works With Granite Falls, North Carolina Bank to Get an SBA Loan

Find Granite Falls, North Carolina banks that specialize in SBA loans and know how to work with entrepreneurs. Bank Of Granite is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in North Wilkesboro, North Carolina starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Bank Of Granite. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: SAWMILLS
NORTH WILKESBORO, NC 28659

SBA Loan Lender

BANK OF GRANITE
23 N MAIN ST
GRANITE FALLS, NC 28630

The lender provided this SBA bank 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

321113 - Sawmills

Loan Approval Date

12/19/2003

Loan Approval Gross Amount

$135,100

Loan Approval from the SBA

Of the total $135,100 loan amount, the SBA guaranteed $114,835.

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 60 employees. This SBA loan request indicated that the loan would help retain 60 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

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 Bank Of Granite 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.

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