Charlotte, North Carolina Bank Lends Money to Peninsula Dental Laboratory, I in Newport News, Virginia
A Charlotte, North Carolina SBA loan can be yours. Learn how Peninsula Dental Laboratory, I got a $10,000 business loan from this North Carolina bank.
This loan to Peninsula Dental Laboratory, I is a good example of an SBA loan. Bank Of America made the loan and the SBA guaranteed a portion of the loan. Many other Virginia entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
Peninsula Dental Laboratory, I
420 Center Ave.
NEWPORT NEWS, VA 23601
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
621512 - Diagnostic Imaging Centers
Loan Approval Date
4/28/2005
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower, Peninsula Dental Laboratory, I, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Peninsula Dental Laboratory, I did when it applied for and received this $10,000 loan. Remember, anyone can do it... so why not you?
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Realistic Debt Financing Options
Where to Get an SBA Loan in Charlotte, North Carolina
Where to Get an SBA Loan North Carolina
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.