How to Get a Loan for Warm Air Heating and Air-Conditioning Equipment and Supplies
Looking for business loans for warm air heating and air-conditioning equipment and supplies? Talk to a banker who works with the SBA. This $100,000 warm air heating and air-conditioning equipment and supplies loan was issued by a Virginia bank.
This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Cardinal Bank, out of Mclean, Virginia. The loan was granted and they received $100,000 to help grow their Alexandria, Virginia business.
SBA Loan Borrower
COMPANY TYPE: WARM AIR HEATING AND AIR-CONDITIONING EQUIPMENT AND SUPPLIES
ALEXANDRIA, VA 22304
SBA Loan Lender
CARDINAL BANK
8270 GREENSBORO DR, STE 500
MCLEAN, VA 22102
This lender processed this 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
423730 - Warm Air Heating and Air-Conditioning Equipment and Supplies
Loan Approval Date
2/4/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower 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 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 19 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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 this company did when it applied for and received this $100,000 loan. Remember, where there is a will, there is a way!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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