Charlotte, North Carolina Bank Gives SBA Loan to Austin Aquatic Innovations Inc
Thinking about meeting with a Charlotte, North Carolina bank about a small business loan? Here's one Texas business loan, issued by a Charlotte bank, that was approved by the SBA.
Applying for an SBA loan with Bank Of America worked out well for our friends at Austin Aquatic Innovations Inc in Austin, Texas. The business was able to get an SBA loan for $35,000. Awesome!
SBA Loan Borrower
Austin Aquatic Innovations Inc
11752 D K Ranch Rd
AUSTIN, TX 78759
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
453998 - All Other Miscellaneous Store Retailers (except Tobacco Stores)
Loan Approval Date
6/28/2007
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
More Information on This SBA Loan
The borrower, Austin Aquatic Innovations Inc, 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This SBA loan was for $35,000. How would you spend $35,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Austin Aquatic Innovations Inc, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding - How to Decide How Much to Raise
Find an SBA Lender in Charlotte, North Carolina
Where to Get an SBA Loan North Carolina
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