Charlotte, North Carolina Bank Lends Money to Continuing Care Retirement Communities Company in O Fallon, Missouri
Thinking about meeting with a Charlotte, North Carolina bank about a small business loan? Here's one Missouri business loan, issued by a Charlotte bank, that was approved by the SBA.
Applying for an SBA loan with Bank Of America worked out well for our friends at one local firm in O Fallon, Missouri. They got an SBA loan for $10,000. Nice!
SBA Loan Borrower
COMPANY TYPE: CONTINUING CARE RETIREMENT COMMUNITIES
O FALLON, MO 63366
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
623311 - Continuing Care Retirement Communities
Loan Approval Date
4/18/2005
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in O Fallon MO, you ought to talk with a local O Fallon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to O Fallon businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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