SBA Funding Profile: Lori’S Ace Home & Hardware
Lori’S Ace Home & Hardware, operating within the Hardware Stores sector in Holly Ridge, NC, recently secured a high-tier SBA 7(a) commercial loan. This funding highlights the strong capital availability for qualifying businesses in this region.
Loan Details & Terms
- 💰 Approval Amount: $860,000
- 🏦 Lending Institution: Live Oak Banking Company
- 🏢 Industry Sector: Hardware Stores
- 📈 Interest Rate: 9.38% (Variable)
- ⏳ Term Length: 120 months
- 👥 Jobs Supported: 12
- 🏢 Business Age: Startup, Loan Funds will Open Business
Is Your Business Eligible for Similar Funding?
Thousands of businesses leave capital on the table every year. You might qualify for up to $5,000,000 in SBA-backed funding with competitive rates.