Charlotte, North Carolina Bank Gives SBA Loan to Chiropractors Company
Find Charlotte, North Carolina banks that specialize in business loans and know how to work with entrepreneurs. Bank Of America is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in San Francisco, California starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Bank Of America. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
SAN FRANCISCO, CA 94104
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
621310 - Chiropractors
Loan Approval Date
11/5/2003
Loan Approval Gross Amount
$27,000
Loan Approval from the SBA
Of the total $27,000 loan amount, the SBA guaranteed $13,500.
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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of America and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Business Incubators
SBA 7A Banks for Charlotte, North Carolina Loans
Getting an SBA Loan in North Carolina