Raising Money for Wood Product Manufacturing
Looking for business loans for wood product manufacturing? An SBA loan may be just what you've been looking for. This $80,000 wood product manufacturing loan was issued by a North Carolina bank.
This business knew how to go about getting a business bank loan. Based in Siloam, North Carolina, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Surrey Bank & Trust, based in Mount Airy, North Carolina.
SBA Loan Borrower
COMPANY TYPE: WOOD PRODUCT MANUFACTURING
SILOAM, NC 27047
SBA Loan Lender
SURREY BANK & TRUST
145 N RENFRO ST
MOUNT AIRY, NC 27030
This business 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
321999 - Wood Product Manufacturing
Loan Approval Date
3/26/2004
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $40,000.
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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Siloam NC, you ought to talk with a local Siloam SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Siloam businesses.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Direct Public Offerings
SBA 7A Banks for Mount Airy, North Carolina Loans
North Carolina SBA Banks