Commercial and Industrial Machinery and Equipment (except Automotive and El Small Business Loans

Looking for small business loans for commercial and industrial machinery and equipment (except automotive and el? Talk to a banker who works with the SBA. This $50,000 commercial and industrial machinery and equipment (except automotive and el loan was issued by a North Carolina bank.

Aaa Machinery Services Inc received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bank Of America, out of Charlotte, North Carolina. The loan was granted and they received $50,000 to help grow their Miami, Florida business.

SBA Loan Borrower

AAA MACHINERY SERVICES INC
2540 NW 74TH ST
MIAMI, FL 33147

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this 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

811310 - Commercial and Industrial Machinery and Equipment (except Automotive and El

Loan Approval Date

4/15/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower, Aaa Machinery Services Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 1 new job and retain 7 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

If Aaa Machinery Services Inc can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Business Line of Credit

Best Banks for Small Business in Charlotte, North Carolina

SBA Participating Banks in North Carolina

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