Septic Tank and Related Services Loans
With these loans for septic tank and related services, the SBA guarantees the lender that the loan will be repaid. This septic tank and related services loan for $82,000 was given to a North Carolina entrepreneur in 2004.
This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Fidelity Bank, out of Robbins, North Carolina. The loan was granted and they received $82,000 to help grow their Pinehurst, North Carolina business.
SBA Loan Borrower
COMPANY TYPE: SEPTIC TANK AND RELATED SERVICES
PINEHURST, NC 28374
SBA Loan Lender
THE FIDELITY BANK
130 E SALISBURY ST
ROBBINS, NC 27325
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562991 - Septic Tank and Related Services
Loan Approval Date
7/28/2004
Loan Approval Gross Amount
$82,000
Loan Approval from the SBA
Of the total $82,000 loan amount, the SBA guaranteed $69,700.
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 only one employee. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
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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:
Angel Investors
SBA Participating Banks in Robbins, North Carolina
North Carolina SBA 7A Banks