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November 22, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Mount Airy, Business Loans > Surrey Bank & Trust Mount Airy Business Loans > Car Washes Loan | ||||
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How to Get SBA Loans in State Road, North Carolina
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Car Washes LoansLooking for loans for car washes? Talk to a banker who works with the SBA. This $227,100 car washes loan was issued by a North Carolina bank. This small firm knew how to go about getting a business bank loan. Based in State Road, North Carolina, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Surrey Bank & Trust, based in Mount Airy, North Carolina. SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender SURREY BANK & TRUST This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811192 - Car Washes Loan Approval Date 8/21/2006 Loan Approval Gross Amount $227,100 Loan Approval from the SBA Of the total $227,100 loan amount, the SBA guaranteed $170,325. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Obtaining Funding - How to Borrow Money Best Banks for Small Business in Mount Airy, North Carolina
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