Financing for Special Trade Contractors
Looking for loans for special trade contractors? The SBA may be the answer. This $16,500 special trade contractors loan was issued by a North Carolina bank.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Bank Of America, out of Charlotte, North Carolina. The loan was granted and they received $16,500 to help grow their Roseburg, Oregon business.
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
ROSEBURG, OR 97470
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
235990 - Special Trade Contractors
Loan Approval Date
3/31/2005
Loan Approval Gross Amount
$16,500
Loan Approval from the SBA
Of the total $16,500 loan amount, the SBA guaranteed $8,250.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you are working on finding money to start a business in Roseburg OR, you ought to talk with a local Roseburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Roseburg businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $16,500 loan. Remember, fight for what you want, and it will be yours!
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:
Alternative Financing
Where to Get an SBA Loan in Charlotte, North Carolina
North Carolina SBA Banks