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November 15, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Kernersville, Business Loans > Bank Of North Carolina Kernersville Business Loans > Landscape Counseling And Planning Loan | ||||
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North Carolina SBA Banks
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Kernersville, North Carolina Bank Gives SBA Loan to Landscape Counseling And Planning CompanyThinking about meeting with a Kernersville, North Carolina bank about an SBA loan? Here's one North Carolina business loan, issued by a Kernersville bank, that was approved by the SBA. Applying for an SBA loan with Bank Of North Carolina worked out well for our friends at one local firm in Reidsville, North Carolina. They received an SBA loan for $90,000. Sweet! SBA Loan Borrower COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING SBA Loan Lender BANK OF NORTH CAROLINA This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0781 - Landscape Counseling and Planning NAICS Code 541320 - Landscape Architectural Services Loan Approval Date 5/3/2000 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $72,000. 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 12 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of North Carolina that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Banks in Kernersville, North Carolina
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