Entrepreneur Works With Mclean, Virginia Bank to Get an SBA Loan
Thinking about meeting with a Mclean, Virginia bank about a small business loan? Here's one Florida business loan, issued by a Mclean bank, that was approved by the SBA.
Applying for an SBA loan with Capital One worked out well for our friends at one local business in Altamonte Spg, Florida. They received an SBA loan for $15,000. Great job!
SBA Loan Borrower
COMPANY TYPE: ENGINEERING SERVICES
ALTAMONTE SPG, FL 32701
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541330 - Engineering Services
Loan Approval Date
1/9/2007
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Altamonte Spg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
Related Links:
Accountant's Role in Securing Financing
SBA Participating Banks in Mclean, Virginia
SBA Lenders in Virginia