Entrepreneur Works With Winston Salem, North Carolina Bank to Get an SBA Loan
Want to talk with a Winston Salem, North Carolina bank about an SBA loan? Here's one Georgia business loan, issued by a Winston Salem bank, that was approved by the SBA.
Applying for an SBA loan with Branch Bank & Trust worked out well for our friends at one local company in Savannah, Georgia. They got an SBA loan for $130,000. Nice!
SBA Loan Borrower
COMPANY TYPE: DIGITAL PRINTING
SAVANNAH, GA 31406
SBA Loan Lender
BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323115 - Digital Printing
Loan Approval Date
8/14/2001
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $97,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Savannah or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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