Entrepreneur Works With Charlotte, North Carolina Bank to Get an SBA Loan

A Charlotte, North Carolina business loan can be yours. Learn how Nova Screen Printing LLC got a $31,000 business loan from this North Carolina bank.

This loan to Nova Screen Printing LLC 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 Oklahoma entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

NOVA SCREEN PRINTING LLC
6549 E 46TH ST STE 3
TULSA, OK 74145

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this SBA bank 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

323113 - Commercial Screen Printing

Loan Approval Date

2/10/2004

Loan Approval Gross Amount

$31,000

Loan Approval from the SBA

Of the total $31,000 loan amount, the SBA guaranteed $15,500.

More Information on This SBA Loan

The borrower, Nova Screen Printing LLC, 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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs. This loan was paid in full, and was closed out on 3/25/2008.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Nova Screen Printing LLC did when it applied for and received this $31,000 loan. Remember, feel the fear, and do it anyway.

About This SBA Loan Information:

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

Related Links:

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Who Lends Money to Small Businesses in Charlotte, North Carolina

SBA Participating Banks in 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.